Bitcoin technology is very well thought out, but now we are faced with the problem of long transactions. This problem, too, must somehow be addressed. I think it interferes with the normal development and popularization of Bitcoin
I do not think that the technology is very well thought since we are facing large number of unconfirmed transaction. If it is well thought then we should have no problem like this. Bitcoin scalability need to be upgraded.
Even with this scalability problem, traders seems not affected in buying Bitcoins. This ETF effect is really strong to the point that it pushes Bitcoin price above its previous ATH. I just hope that this ETF be approved else we will see a sharp decline when it is disapproved.