The irony is that an industry built around trustlessness might end up moving towards more trust and accountability.
And in the process, we might see more centralization of control, even as the underlying tech remains decentralized.
After this whole saga of Binance getting hacked,
I believe we’re about to see a new era of DeFi.
DeFi 2.0. Partial decentralization, less anonymity.
More known and doxxed teams building on blockchain.
We might be entering a period of capitulation, followed by a structural reset.