I do disagree. I'm confident it can and will scale with tools like lightning and ones being built.
I'm not educated enough to go deep. But I haven't been convinced something else is a better solution and that bitcoin isn't the alpha
Discussion
Sure it can scale on the L2, but it’s not Bitcoin, right? There’s a reason your Bitcoin and Lightning address isn’t the same. There’s a reason Watchtowers exist for retroactive regulation of bad actors. And yes not permission-less unless you are on your own channel. You need somebody to allow you to transition Lightning Sats to BTC, like Jack. And Lightning transactions don’t support the miners. And the fees are unpredictable on Lightning.
Just knowing that Lightening doesn’t support BTC miners should be enough for you. “Never sell your Bitcoin” and L2 isn’t Satoshi’s vision. Bitcoin can’t scale as it is. Saying it will in the future is a subjective hope. And that’s fine, if that’s where you land. Subjective hope is something. But objectively, it can’t scale as is.
I will continue to read your posts and others opinions.
I appreciate your contrarian approach 👊
Mostly, I just don't see anything at the moment that actually does solve any potential problems. So this pleb here will just keep stacking and reading. 🫡