limited by the dynamic headroom of the initial innovation.
i do agree with this. however it is much more normal for genuis inventions to be ruined by lack of adoption, maintenance, and improvement than it is for inventions to be limited by technological factors they did not originally take into consideration.
in fact often it is the improvements that raise the ceiling beyond what the original invention had.
in a specific case there are examples - but the majority of failures rest on those three things IMO
The headroom is not knowable in advance. TFM frequently contradicts himself on this. He ignores the true wisdom of the bazaar.
i feel the entire cryptocurrency world is majorly screwed
I don't know if it is screwed, but I think it is possible it is screwed in that nothing that currently exists will ultimately work an acceptable way. A stronger version of being screwed is that nothing that will work is even possible. I don't think we are there yet in either case, but only salespeople will guarantee you that neither turns out to be true. Cutting edge is equivalent to might not work at all.