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447 sats \ 0 replies \ @Atreus 8 May 2023 \ on: Are high onchain fees good or bad for bitcoin? bitcoin
Yea the chief issue is inadequate LN adoption like ekzyis said. It's not enough. On the other hand, you need an event like this to incentivize LN development.
For me personally this was a short-term pain in the ass — since I hadn't been following in a week and showed up innocently expecting to make an L1 move today that I've changed my mind about 👀 — but that's not a big deal.
I did go on YouTube to see videos from the dozens of crypto scammers fueling this. Probability of this ending in blood, tears, and fire 🔥 for them ... 99%.