Ethereum core developer and EIP-1559 co-author eric.eth tweeted: “Too many negative comments about DeFi lately. Many people question what the hell it can do. Honestly, I’m pissed about it. Yes. Permissionless access to financial instruments is powerful enough for anyone in the world to have ultimate meaning and staying power.”
To this Vitalik Buterin replied: “I agree! To be clear, when I criticize DeFi, I am either criticizing (I) bad DeFi, or (ii) over-optimizing DeFi to the point of getting a tiny percentage Gain, but forget about making simpler things more resilient and easier to use.”
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