Close, almost 14yrs. Launched Jan 2009. Bitcoin's economic design incentivizes saving rather than spending, so it's no big surprise that's what's happening.

Close, almost 14yrs. Launched Jan 2009. Bitcoin's economic design incentivizes saving rather than spending, so it's no big surprise that's what's happening. DeFi currently is all about using loans to make money speculating, so yeah, but it's still kinda new so jury's still out on whether it might develop into something more broadly useful.