To expand on it: I don't care if your coin is capped, when it can get fractionally reserved in CEX and it can not be used in meaningful everyday transactions because fees are to high and non custodial usage of LN is too cumbersome for 97% of the people.

When CEX can be used to manipulate prices to indirectly control miners.

When non fungibility further endangers the users and therefore limits its potential as money.

And if longterm security depends on highly volatile fee markets that can easily be gamed (amplified).