And if this is true Blockstream is making a HUGE mistake.  I don't think many people are doing multiple txns per day, every day right now.  I don't even think many people do 1 txn per week.  I doubt that people will be willing to sequester coins into the LN for significant periods (no I have no facts to back up this intuition).  

So I don't think that the lightning network solves the problem we have today which is getting people to do their FIRST txn (expand the network) and then getting them to use it periodically (use encourages merchants to accept it).

Once people are using BTC a couple times per day, LN is becomes very valuable.  Its actually WORSE if you do just one txn in a payment channel (it takes 2 blockchain txns instead of 1).

So LN won't actually solve the typical use pattern today.  And if that pattern is forced to pay high fees people will choose other payment options stagnating Bitcoin growth (or best case transforms into low velocity digital gold) to the point where we'll never need the volumes LN can offer.