Bitcoin faces an 'identity crisis' and DeFi devs need to stop acting like tech bros

60-second summary

Bitcoin faces an 'identity crisis' as security exploits continue to erode institutional trust. Solstice Labs CEO Ben Nadareski emphasizes the need for DeFi developers to adopt a more professional, financial-manager-like approach to regain trust. This shift is crucial, as $1.4 trillion in institutional capital remains on the sidelines, waiting for improved security and credibility.