Unironically bullish on Farcaster as a major winner in the Ethereum ecosystem.

I've been complaining about the awful UX of Ethereum wallets for years. 

Farcaster seems to be on a reasonable path to fix UX in Ethereum wallets. Why would anyone use another hot wallet than Farcaster in 3-5 years?

At the same time, somehow now that Rainbow is pushed into having to recoup the investors' funds through their router they stop to be user and dev aligned. Devs and users want stuff to do in crypto. 

Farcaster does offer doing stuff!

At the same time you have wallets like Rainbow which have somehow been forced to recoup investors' funds through aggressive extraction (80 basis points fee on swaps). Rainbow has like 500 DAUs on their Base router contract and 30 DAUs on the Arbitrum one.

At the same time...

Just consider: Most other Ethereum wallets don't let users do anything. The user might be "retained" because their funds are committed to that wallet. E.g. World may have XX million active users, because they're basically paid. Do these users actually have "smth to do" in World when they stop being paid? No