The developers and memers and etc. have formed such a safe bubble, that they don't face direct competitive pressure, so they don't react quickly to market conditions. The pressure has only been from outside Nostr, and that's easier to ignore because "they don't understand how great the protocol is", "they don't understand how great Bitcoin is", "they don't understand how great our devs are", "they don't understand how wonderful we are".

That doesn't make the conditions go away, but it does leave them wide-open to being replaced by someone from _within_ their bubble, who understands that the current implementations of the protocol are poorly designed, and offers a viable, smoothly-running alternative.

As soon as one person or team breaks ranks, it's over.