[htormey]

I disagree, I don’t think this is just about adoption curves and hype cycles.

I think fundamentally the infrastructure required to build decentralized applications is hard and has pushed the limits of computer science (zero knowledge proofs etc).

I think people have inflated expectations about how long it will take this technology to mature. Today it’s still very technically hard to build a scalable dapp that’s easy to use. Assuming this is something consumers actually want as opposed to a solution in search of a problem, this will take more time to solve.

Sometimes greed makes people think a technology is a lot further along than it actually is.