They are what happens when Cypherpunks are too focused on tech and not enough on economics. Constant changes, protocol updates, and small anonymity set lead to a failure in one of the most fundamental aspects of money, Value proposition.

Put another way, if you say to the world "We have the most secure asset with anonymity, transaction privacy and high transmission rate"

And the world says "Yeah, we're good on that"

Then listen to the market.