[KronisLV]

> The "hype cycle" is a neat idea but doesn't really map to reality in a way that makes it useful.

What do you propose as a more accurate alternative, or do you think that the whole idea should be scrapped? Because personally I feel like certain tech/practices certainly go through multiple stages, where initially people expect too much from them and eventually figure out what they're good for and what they're not.

Not always a single linear process, like NFTs/crypto refusing to die despite numerous scams out there and projects that seem to go nowhere, yet people still falling for the scams due to promised profits. However, the amount of people critiquing the blockchain as a crappy database seems to suggest at least some lessons learnt along the way and hopefully some actually decent use cases.

[niels_bom]

I think the more accurate alternative is that reality is messy and you can’t always put things in categories and models.