> American males in their 30s and 40s who don't understand the value proposition because they never had to deal with malicious governments, banks, or hyperinflation in their lifetime.

While not American, I can fully understand the promises (but not guarantees) of DeFi and cryptocurrencies but, I prefer to invest in popcorn futures, for now.

Because, by sheer luck I know a lot of people who worked in TradFi, and I've seen its insides and how mature it is. It's not perfect, it's not fair in some places, but it's rooted and mature. You can see the direction of it, and be prepared if you watch for the signs.

I'm investing in popcorn futures, not because I believe DeFi will fail, but watching the evangelists think that they can change a centuries old system in a decade flat.

DeFi and TradFi will merge. The end will look like TradFi, but the inner working will be a lot (but not completely) different. Believe or not, but most of the TradFi regulations are there to prevent these kinds of free falls and screw-overs.