And here comes the argument about the lightning network that I literally have been hearing since 2017.
For as "inevitable" as it's supporters claim it to be, it sure is taking a long time for anyone to care about it, outside of bitcoin maxi twitter influencers.
The rest of the crypto industry has moved on. It simply took to long for bitcoin to be used for anything outside of speculation. And other chains have taken up the actual transactions usecase.
...which themselves are unique projects that might as well separate from the L1 chain entirely if they intend to actually solve the transaction bottleneck issue. Stuff like Lightning is cute on paper, but it really only stands to make you realize how horribly doomed the main currency is conceptually.
L2 chains are where I stopped being interested in crypto. It's like reading the plaque of Ozymandias and thinking to yourself "Ah, the desert. What a lovely place to build my next palace."
I mean I think that bitcoin is a dumb project, but layer 2s clearly make sense and are an inevitability - another chain has custody and keeps track of its own state and lets you do custom things there.
For as "inevitable" as it's supporters claim it to be, it sure is taking a long time for anyone to care about it, outside of bitcoin maxi twitter influencers.
The rest of the crypto industry has moved on. It simply took to long for bitcoin to be used for anything outside of speculation. And other chains have taken up the actual transactions usecase.