> This is actually one of the desirable properties of a currency that cryptos (or Bitcoin at least) just doesn't have. You've got to be careful making these ki

> This is actually one of the desirable properties of a currency that cryptos (or Bitcoin at least) just doesn't have. You've got to be careful making these kinds of assertions. Maybe they'd be accurate if you put Bitcoin in a vacuum, but if you consider the entire crypto ecosystem that revolves around bitcoin, it's completely false. Not only is DeFi a burgeoning asset class, it's gotten so popular (via yield farming) that many an institutional hedge fund has gotten in on the action. The decentralized lending ecosystem in crypto is surprisingly mature. With that said, it's not inaccurate to say that by virtue of volatility and commensurate reserve requirements, bitcoin is more challenging to keep on a balance sheet, nevermind use as currency. There's also something about stablecoins that I can't quite put my finger on but which makes me nervous.