My assessment is that the Lightning Network goes a long way to providing scaling, but the current Bitcoin implementation cannot support a LN with any significant level of adoption. At some point, the maximum size of a block must be increased, and continue to be increased periodically.
Let's make sure that the political situation does not prevent that from happening. I believe that there is a real danger that without sufficient scaling, the system will be taken over by private networks of custodial wallets (Coinbase, Bitpay, etc.), and will become just another banking system that is just as bad as what we already have.