I agree regarding the shitcoinification of bitcoin. That's a total loss. Most bitcoiners are more concerned about that happening than they are hopeful. This is why Knots is making waves. Regarding scaling and fungibility, I fully take your point. The debate around scaling has been raging for years, perhaps peaking during the bcash fork. You are more technically proficient than I am, but as I see it, the tradeoffs of anonymity on chain with verifiability are too steep for most bitcoiners. Yes, peer to peer cash usage is limited on layer one. I do think that federated ecash is presently the best scaling solution. Federations can manage lightning liquidity. Asking individuals or businesses to do this is absurd. More broadly however, the theft of the top of the pyramid (central banks, nation states, corporations) from the bottom (working class unbanked individuals) is my primary concern personally. I would prefer to hold an asset with an assurance against debasement than maximizing for fungibility. These are all trade offs. Of all the altcoins (me being diplomatic) I think XMR is the most interesting, but I don't see the same level of hardware development around it. Last I checked, the best solution for holding XMR was the fancy version of the Trezor. Block chain bloat also appears to be a potential scaling issue, but I can't quote specifics. I'm also not confident that an inflation bug diaclosure, like the one which recently hapoened on zcash, couldn't affect XMR as well. It's possible I'm comparing apples and oranges, but I'm always willing to learn more. Just my two sats.