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There is demand for all those things. But there hasn't been much consistent, long term, demand. What there has been is a lot of hype that tends to die down as people move onto the next thing.
It's very often the case that Uniswap alone collects more fees than bitcoin itself:
...and uniswap is a market for defi stuff on Ethereum. That isn't closely related to the problem drivechains is trying to solve, as it's about many different currencies/tokens rather than a single common currency.
I'm just pointing out that there is clearly a lot of demand for defi/smart contracts.
What are these charts based on? Is it the rolling average over a month?
It's just the last 24 hours and the the seven day average.
"Why would anyone want paved roads with stop lights ? The history of transportation shows an overwhelming demand for mud trails and horse ties."
- Peter Todd.
I'm on Peter Todds side on this.
I don't think this demand is organic - at least largely. The demand is inorganic in a sense that people use it as a gimmick for the sake of using it as a gimmick.
And yet during a bear market there are smart contracts that can collect more in fees than bitcoin itself on a daily basis.
He completely skips over the market demand for smart contracts/defi. There's clearly demand and product/market fit there, whether most bitcoiners like it or not.