Close to $1B has been exploited from our industry in the past few months but now where are we heading?

My thoughts:
While I’m greatly inspired by the post @tulipking made on “Bitcoin 2035” which painted a typical catastrophe of DeFi Protocols but I really love the fact that his article was to bounce back to show the relevance of Bitcoin as a currency.
Well, Bitcoin will definitely send higher from where it is priced and for me not mainly because of Lindy’s effect and also the because Bitcoin will play a big role in helping countries eradicate “bad money” but on a more serious note I cannot imagine a world where Bitcoin will be a global currency kicking out USD. These two are somewhat complementary to each other.
And due to this, dollar will never be de-dollarized but if things continue this way we’re about to witness a revolution where people will begin pricing in fundamentals.
Fundamentals in what sense, I’m beginning to see that back then, ICOs was pretty much extractive but it was efficient to a certain degree - it served a purpose with minimal destruction and salvage compared to other fundraising primitive that came up - well it’s okay to say that in crypto we always do not have a good mechanism/method for anything but always a “least worst” and that’s fine.
Take the case of buyback and burns and revenue sharing. To a large degree none of this was total better due to differences in the economics of tokens but one was seen as the least worst.
I think if you’ve observed enough you’ll find that most primitives which were early on introduced beat most of what that operates today - we’re going back to these things and the industry is about to be priced perfectly well.
Artemis recently dished out tokens + Equity future model - why aren’t you questioning this? Can’t you see the pattern?
@jords stated that Hyperliquid lacks a culture layer and yes culture is the intrinsic necessity of our industry. NFTs and memecoins - these was the strong grounds which made certain NFTs with high FPs and memecoins become a global “talk topic”.
We’re about to start all over again but on a different foot. Send it!