Crypto Fatigue: Is Innovation Getting Too Fast?
The crypto world is feeling a little tired in 2024. It seems like the constant barrage of new “revolutionary” blockchains and AI models has left people wondering if all this innovation is actually worth it. Even with some cool new developments, like Bitcoin DeFi, it’s hard to get excited about yet another Layer-2 solution.
Crypto Fatigue: What’s Going On?
- The constant stream of new projects makes it hard for people to keep up.
- The spectacular failures of Terra Luna and FTX have shaken trust.
- The rise of AI is making some people feel like the future is already here, and there’s no need to get excited about more incremental progress.
While Bitcoin still has some exciting developments happening, like Ordinals and Runes, the market seems more interested in memecoins for some reason. Perhaps it’s just that people are looking for quick gains, and Bitcoin doesn’t seem to offer that anymore.
The truth is, the pace of innovation in both AI and crypto has been astonishing. It’s possible that we’re just hitting a bit of a wall. We need to find a way to embrace this new reality and look for ways to use these technologies to make real, meaningful change. Maybe then, the excitement will return.
