I'm quite bullish on Bitcoin scaling tech and privacy tech.

Fee spikes are incentives to build more scaling solutions and to use the ones that have been built. Without fee spikes or the mindfulness that fee spikes can materialize at any time, there is no significant demand to build them or use them.

It's painful when it happens but it's necessary to grow. And stress tests help ensure that you are building the tech correctly rather than relying on shortcuts that only work temporarily.

Same thing for privacy solutions. Privacy tech has to be like a hydra; if one head gets cut off then it grows more. Privacy solutions behind every blade of grass.