Three reasons, for me: First is (subjective) oversaturation. It's like the days when there's some announcement or scandal involving Apple, and you know that fo

Three reasons, for me: First is (subjective) oversaturation. It's like the days when there's some announcement or scandal involving Apple, and you know that for the next little while this is all you're going to see. After a while it's just "oh, another Bitcoin story?" Second is that it seems to turn off the rational-thinking centers of many brains. You end up with lots and lots of threads full of people who either A) once read a Neal Stephenson novel and now are convinced this is the Crypt (it's not) and the Black Chamber dudes are coming any minute (they aren't) or B) are being hit hard by the Dunning-Kruger effect and think they know more about economics or world politics than they actually do. Third is that, well, it's pretty boring. OK, you made an alternative currency. This is not new. The specific selection of buzzwords around this alternate currency is new, but that in itself isn't really something that gets me excited, and in fact I think that's more of a turnoff, if only because my experience has been that the more buzzwords you pile on (decentralized peer-to-peer non-fiat non-inflationary alternative currency with hard crypto anonymization!), the less likely you are to actually have an interesting product. (and fourth is that sooner or later somebody's probably going to blow it wide open, security-wise, but that's neither here nor there)