I would like to know your views on Defi on Bitcoin:
What are your thoughts on storing BTC?
I still prefer the old way of storing bitcoin, that is the tradition way, which is no other than having to store bitcoin in my private wallet, a wallet which I am very sure and convinced that only me have access to the funds in it.
I could risk storing any other coin or token on exchanges, or some defi protocols where I completely lose ownership of my coins until the protocol decides to give me my coins back, but I will never take such risk with my bitcoins, I like to keep them to myself alone.
Do you believe DeFi represents an evolution for Bitcoin?
Some persons may say yes, but for me, it's a no, defi is rather a set back for bitcoin, because it makes bitcoin usability more expensive, bitcoin can't be used as a meduim of payment for goods and services because all the defi protocols building on top of it have made bitcoin transaction fees very expensive, and have also made transaction confirmation very slow, a clear disadvantage for bitcoin if you ask me for an honest answer.
Are you interested in participating in DeFi with your Bitcoin?
No, not at all, I am not interested and never will I be, bitcoin is for holding, if I need to participate in any defi protocol, I will do so with altcoins, I can't risk altcoin and at the same time, risk my bitcoin as well, makes no sense.