"Honey badger don't care" seriously try not to make people cringe if you want to be taken seriously. You've fundamentally missed the point here. Vlad is spelling out an inevitable future if fundamental and significant improvements aren't made to L1 and Lightning Bitcoin. You WILL see more TVL on these defi chains and you WILL see more custodial scaling solutions like CEXs and custodial wallets. It's happening at an exponential rate already, look at the transaction fee chart compared to price, largely stagnant. We saw 0.5 sat/vbyte transactions getting confirmed in the first block. The L1 is getting used less and less. The biggest innovation this year for "adoption" was square terminals acting as a lightning accepting KYC, custodial wallet. What's your solution? Or do we not even have a problem here?

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Cringe all you want. I also don't care. We're not in these shitcoin Olympics. Double-dark-deep-fi is not remotely interesting to Bitcoin. We already had this game and won by not playing. We are not competing with fake money. At all. Do you know what Titus did outside Jerusalem in 70? We stood there while his enemies burned each other's food supplies and assassinated each other in the streets. He told his men if they got thirsty for glory and left camp he would have them shot in the back. Get it? "Oh no the shitcoins are doing a thing and we better change the hardest money ever created to try to catch up!" Yeah, no. ๐Ÿฟ
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