If you haven’t been around too long, it’s hard to fully appreciate how quickly narratives can shift in this industry, especially when playing catch-up. Fads grow old, memes become tired. It’s fair to say that this year’s seasonal craze is currently feeling the pressure of Bitcoin’s fading momentum.
While it could be easy to write it off as a temporary setback caused by the usual bull market correction, strong underlying currents are working against popular scaling narratives. As this tide is going out, it’s become a little hard to ignore those out there swimming naked.
Is the airdrop meta over?
If it wasn’t clear already, the recent crop of projects proposing to “build on Bitcoin” has so far been more about opportunism than innovation. Yes, BitVM and ordinals sparked genuine interest and creativity but the follow-through leaves a lot to be desired. This has been caused, in large part, by lazy operators. In lieu of doing actual engineering work, every other third-rat
We współpracy z: https://bitcoinmagazine.com/technical/bitcoin-season-two-proposals-facing-early-headwinds
