what high fees to enter and exit. Lightning fees are very low (typically( about 0.00001 pence. Liquid is not needed for lightning. As an end user you can use a lightning wallet and enjoy fast lowest fee transactions.
You need to pay for an expensive on-chain Bitcoin transaction before you can use Lightning. You must also have enough money so you can pay for another on-chain transaction if the channel closes and you must issue a dispute to not lose your funds.
Did I mention that if you open a channel to the wrong hub, you must open yet another channel, with all associated costs?
It's ridiculous to even entertain Lightning as a viable option when there are other low-fee and fully functioning cryptocurrencies that aren't gimped by a tiny blocksize.
I am sorry. As a lighting wallet user, none of that is true anymore. The underlying channel management is abstracted away from the user. The experience is pleasant. I won't jump to another cryptocurrency as BTC with lightning ticks all the marks for me.
The only thing missing in the BTC ecosystem is smart contracts, but I am happy for that to be a separate ecosystem (ETH or otherwise).
Did I mention that if you open a channel to the wrong hub, you must open yet another channel, with all associated costs?
It's ridiculous to even entertain Lightning as a viable option when there are other low-fee and fully functioning cryptocurrencies that aren't gimped by a tiny blocksize.