I tend to believe it's cognitive overload. I know folks who are open, intelligent and tech-wise, but they still find the learning curve(s) of this new tech difficult. If I put myself in their shoes, and imagine trying to make sense of all this Bitcoin -> Ethereum -> Bitshares -> Steem -> EOS -> Tron -> Hive connection, it would take me a while. I just wrote the name of the blockchains before the one we're using right now, if I would have to describe their tech, it would have take me days.
Posted Using LeoFinance Beta
That's true but on the surface of it, I don't think it is entirely a matter of cognitive overload but more about interest and motivation.
Take me for example: I do freelance writinggigs and have written numerous articles about DeFi. I'd always been able to participate in theory but never delved into it because of a lack of motivation.
When Cubfinance came through, I decided to dive in, due to my trust and extra motivation from using a product controlled by a trusted brand.
I think that it is pretty much the same with tech heads that don't use crypto. Most of them don't have motivation to delve in and all it takes is someone, whether personal or iconic to dive in and make them learn.
Perhaps there's a lot more information for us to consume these days. I could make the topic for cognitive overload from the angle that people are overwhelmed I guess. It can be draining, especially when there's so much and there's the "where do I start?" Issue.
That's exactly my point when I'm talking about opportunity cost: it is indeed a lot more information around and it's way easier to miss out on opportunities, simply because we can't process that much information. We're overloaded.