[rfd4sgmk8u]

Have they tho?

I think Smart Contract Platforms (SCP) are interesting, but they are primarily for trading shittokens and fraud. The only real use for DeFi I can see is stablecoin market making. But now we are playing with fiat again, are we not? I thought we wanted to get away from these shenanigans.

Bitcoin has not been superseded. It may not be possible to superseded it because of its cryptoeconomic model. Every other SCP printed all the coins on day one, sold to insiders, sometimes mostly insiders. Proof Of Stake is bad for decentralization and censorship resistance. It also misses the point about externally verifiable consensus. I don't trust people, I trust math.

This is vastly vastly different than BTC mining, which was generated through vast energy consumption. It can never be replicated.