Completely disagree. Bitcoin and its builders are like an immune system. There will be a positive reaction to this. This is likely the wake-up call we needed.
There should always have been more focus on products being non-custodial and permissionless from Day 1, instead of it being an afterthought or a ‘future feature’. It will soon be a ‘must-have’.
We don’t even have a solution to those useless ordinals clogging the base layer. And remember we haven’t even onboarded that many users in the grand scheme of things this year. Lightning is the only scalable solution to navigate around those high fees currently and nothing else comes close right now, in allowing people to transaction speedily, at low fees, using permissionless Bitcoin.
Telling people to abandon ship is like telling them to swim home from miles out at sea.
We shouldn't delude ourselves. Lightning doesn't scale indefinitely.
Not everyone in the world can ave a channel for example.
Transaction throughput in my understanding scales pretty well.
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