Vitalik once said “I don't hate apes, I just want them to fund public goods!”. Just cause we CAN build anything on Ethereum doesn’t mean we SHOULD

Yes, Vitalik created Ethereum for people to build anything on it. Ethereum is completely decentralized so no one can tell you what to build, what to invest in and what to support over all. Decentralization means you can literally do anything you want as long as it’s within the blockchain’s reach.

But that doesn’t automatically mean that we should be dumping billions of dollars combined into projects that have no real utility or purpose to the community.

The entire reason Ethereum (and decentralization) was created was to give power to the populous.

Its a still very early conversation, but if DeFi and DAOs go mainstream we become a self governing society. This is what the vision of Vitalik was when he created Ethereum.

Again, you could technically use Ethereum solely for creating dog coins and no one can stop you. But why do that? It has no real utility of value.

DeFi and DAOs on the other hand provide value and services for the populous.

You can use something like AAVE to take out a loan any time of the year regardless of you background. This was what real value is. You can use something like Bitdao to govern the ecosystem by your own. They’re literally going to be governing a new L1 on their own. This is what real decentralization is all about. Not dog coins and monkey pictures.

Dr. Ian Malcolm once said, “your scientists were so preoccupied with whether or not they could, they didn't stop to think if they should.” This also applies to Ethereum. A lot of people look at decentralization as “i can do whatever i want” which is technically true. But you’re also misusing the blockchain for its unintended purpose.