Ryan Sean Adams
π€ SpeakerAppearances Over Time
Podcast Appearances
Is that what, you know, I think it will be a major decision as to whether they actually
remove the Security Council, remove their ability to update the thing and make it fully decentralized stage two.
Like, I think that there's a pretty good chance that they never actually get there because that's just not what the ecosystem actually wants or needs.
So you think the lawsuits will push...
That's what I mean about hollowing out the middle ground here, right?
Because it either pushes you to do like fintech reimbursements, you know, fraud detection, all of these things, and you become more fintechy.
Exactly.
Or it pushes you to go full stage two and hands off.
There's no way you can reverse anything.
interim phase right in the evolution of the industry and in the development of technology that we're seeing right now yeah let's do that now because to your point right so i think for the average defy user the average person that's in the bankless audience you know trying to actually go bankless
they're a little scared right now, right?
And that's why you've seen some of the DeFi withdrawals.
You've got AI with mythos and with all of this cutting edge thing that seems to give black hats and hackers some sort of advantage and maybe they're adapting faster than white hat and crypto can kind of adapt to it.
So you've got this uncertainty with AI and then you've just got this slew of hacks and
I'm not sure if it's been larger than previous years.
I've looked at some data and it's just like last year was kind of larger, you know, by this time, but some pretty large hacks at Blue Chip, Aave, you know, the EF just came out with a post recently or Vitalik just called Aave safe DeFi.
Hey, we can finally get kind of close to risk-free yields, right?
And that turns out not to be the case.
So users in DeFi are scared.
So yeah, Dan, what do we do?