I no more care than if you use LN than I care if you use a checking account at the bank.
But I do care if you mislead and try to claim both are not fractional reserve systems.
Fractional Reserve is not possible on Bitcoin onchain ,
Nothing prevents an Offchain network such as LN or an Exchange from acting as a fractional reserve.
Going Offchain has consequences and fractional reserve is one of them.
"Fractional reserve" = saying you have money that you don't. That's not possible with Lightning. Pointing to a proposal written last summer that never went anywhere does not equate to their currently being fractional reserve banking in Lightning. So who is doing the misleading?
Again, your entire argument rests on "what could be" instead of "what is." A lot of things could happen, some of them do, some of them don't, but don't claim things are happening that
aren't.
I'll note your prediction that Ethereum and Litecoin will overtake Bitcoin for future reference.