If DeFi is the future, why do so many Bitcoin believers reject Ethereum and other altcoins?

Decentralization has always been a central promise of the crypto world. The idea of removing intermediaries, building open financial systems, and empowering individuals is what drew many into Bitcoin in the first place.

But today, much of that decentralized functionality,ike lending, trading, stablecoins, and DAOs, is being developed primarily on Ethereum and other smart contract platforms. These ecosystems are creating real use cases that go beyond just storing value. They are expanding what crypto can do.

And yet, a significant portion of the Bitcoin community rejects these developments. Many BTC holders dismiss Ethereum and most altcoins as too centralized, too risky, or simply unnecessary. Their belief is that Bitcoin, as the most secure and decentralized asset, is all that truly matters.

This raises an important question: if people truly believe in the power of decentralization, why oppose the platforms that are actually building decentralized applications? Could it be that Ethereum and altcoins represent the next evolution of crypto, one that goes beyond just being digital gold?

What do you think? Is Bitcoin’s minimalist approach the way forward, or is the future of crypto being built in the DeFi space? Let’s talk.