Good observation. A lack of confidence and trust, combined with the reality that we had no simple, decentralized and global payment system for microtransactions before Bitcoin Lightning.

Mentioning this I am reminded that Twitter is again repeating that failed old model; the Twitter coins and diamonds are not a simple, global or decentralized payment system. And you have to subscribe $8 per month to get perhaps $4 back if you are lucky. And those diamond tokenoids have no usecase anywhere else. Reinvention of the walled garden. But without the organic garden; instead there is algorithms and plastic tokenoidery.😄