nico on Nostr: What is the value of a descentralized chain when you use a centralized DeFi protocol? ...

What is the value of a descentralized chain when you use a centralized DeFi protocol?
What is the value of a descentralized.chain and protocol if you are using a centralized token?
What is the value of having all of them descentralized but you used them through an exchange

Descentralization is a spectrum and some times you just value one peace of it as it unlocks certain use cases

The drama in ethereum camp is that they started creating a whole world of scams and centralized protocols where they abused the word descentralization as they realized most of their users only wanted quick money and didn’t care much.. so then it comes Solana which is much more centralized and took advantage of it making the UX cleaner for the user who is not worried with centralization of some aspects

Now the eth camp is worried about figuring out the message because they will never be as solid and sound as bitcoin but they can’t convince solana users to come back as they don’t care those features eth has