Some DeFi platforms will cash out and let big banks buy them out. That's like small startups choosing to be acquired established players in exchange for the big bucks or the golden parachute. In many ways, I can't fault them for taking the money and run.
If going through the front ends presented by the banks, it won't be DeFi any longer even if built on it.
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That's true. Money talks and I think some businesses will just take the easy way out and sell to big companies.
We'll probably see some of them being created with that sole intent. That's already true in the startup world.
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Look at all the cryptocurrencies which were launched to capitalize on the unbelievable-- literally-- rise of Dogecoin earlier this year. Shiba Inu looks like it's holding its own, but many of the imitators mooned and crashed back to Earth.
Dogecoin is a big-name cryptocurrency, and it can't be ignored anymore. People don't have to like it, but it's no flash in the pan. It's not going anyway. It's place in crypto is as secure as Bitcoin's and Ethereum's.
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