Agree the tech created with DeFi, but more eve with NF will have use cases that makes sense. Though how it is used now, is miss use in my honest opinion. All for a quick buck. That in itself doesn't help the credibility of the crypto space, which is a big shame.
True, BTC can be thje vault, but I don't see the point for BTC to be the vault. More flexible vault will be created which in the end are as secure as BTC is. BTC rewards to the miners will stop, and I don't see an inceptove for them to continue mining resulting in BTC being dismanteled at that point in time, or soon afterwards.
Hahahaha 15k Alts... Luckily a little less first layer token, like having their own chain. It the chain itself that provides value. Tokens on 2nd and higher layer, need to come with something else that matter to society.
The value is the hype - it makes people stand up. Tesla's first electrics were overpriced sportscars - though their plan was to build for the common person and make EVs the standard.
I think that by the time it will be irrelevant to mine, there will be other options for the way it is used.
It is a whole lot of fun to be in a space that is still - for the most part - trying to cross-the-chasm in the hockey stick model of Geoffrey Moore 🤩