"the fact that I can get better interest on US dollars by depositing stablecoins on some defi platform"..
There was this guy called Madoff. He was able to get better interest than the markets for quite a while too. Those stablecoins are not contributing to the productive economy. They're not being invested in machines that make new cars, clear carbon from the air, produce cheaper food. Nothing about cryptocurrency will solve housing or free time, because those are political problems which require humans to come together with a common aim - not, in the complete opposite example, people just wanting more for themselves by "depositing stablecoins on some defi platform".
There was this guy called Madoff. He was able to get better interest than the markets for quite a while too. Those stablecoins are not contributing to the productive economy. They're not being invested in machines that make new cars, clear carbon from the air, produce cheaper food. Nothing about cryptocurrency will solve housing or free time, because those are political problems which require humans to come together with a common aim - not, in the complete opposite example, people just wanting more for themselves by "depositing stablecoins on some defi platform".