I've heard this before. Just to play devil's advocate for a moment, this appears to me like an excuse for a lack of investment in the space. There are plenty of dragons who have made fortunes doing essentially nothing but waiting. I feel like they have yet to hold up their end by reinvesting some of that back into the space. #2cents

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You would think there would be some sense of urgency, considering all of the scams like Ethereum that have popped up, especially in the last cycle. And yet, no urgency to stay ahead of the curve.

I hear you and understand your point. But this is only a feeling I hold, but I feel there are bitcoiners making investments (with their time and/or money) anonymously.

Some folks don't want the publicity for a variety of legit reasons.

I expect during the next bull run many of these innovations will come to light.

#My2Sats

Yea, I hear you too, and of course this the prerogative of any individual or team working on a project.

But just to point out some of my own experience from spending a couple of years trying to find technically-focussed people to build interesting stuff for my own project; the ones who I've come across haven't been able to find much investment/employment at all, and instead have been surviving by resorting to building for shitcoin projects. Exceptionally talented people who should have no problem finding a stable place in this ecosystem. I've been involved in tech for 15 years, dev/support to board level, and one thing I'm certain of is that counter to the popular narrative, exceptional developers are extremely rare, and letting them go work for the competition is a strategy that won't work out well in the long term. I think if what you're saying is true, they should maybe consider that being so insular may be doing damage.