The harsh truth is that BTC & ETH have no place in our future blockchain world Even under their "ideal" scenario (high L1 fees pushing users into centralized L2s) BTC & ETH still cannot compete: Why use an L2? When scalable L1s are faster, cheaper, easier & more decentralized!

@stack_XEN My thesis is playing out exactly how I predicted, though All major L2s remain centralized, economically parasitic & prevent L1 scaling... Meanwhile, scalable L1s remain: "faster, cheaper, easier & more decentralized!" Please point out where I am wrong: