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> There's no reason to believe that crypto-based banks will be any better than traditional ones

That wasn't the supposition. Who cares? Wait I know people that do care, you thought I was one of those? I view blockchains as a platform to launch projects, and crypto as the necessary fuel to use those platforms, I like the censorship resistance but I don't care about the ideologies, I would like to seamlessly move unlimited sums in and out of them and thats that. I care about fulfilling market needs and niches, I don't care about the accuracy of those needs.

Regarding Defi insurance protocols, there is a lot of education necessary and some ease of use improvements necessary.



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