Quote from: BlackHatCoiner on October 24, 2021, 11:01:13 AM

Quote from: topcoin360 on October 24, 2021, 06:45:06 AM

Less block space means higher transaction fees which could reduce BTC’s utility.

Higher transaction fees don't necessarily reduce bitcoin's utility. But, let's say they do. Don't we already scale with the lightning network? We've accepted the fact that there aren't solutions for the first layer.

Higher transaction fees means less people can use bitcoin as a medium of exchange which is a pretty good reason to assume that it would reduce it's utility.

Quote from: BlackHatCoiner on October 24, 2021, 11:01:13 AM

Whatever you believe that can scale on a global level and with reduced usage of second layer solutions seems utopian, but you're free to implement it on a fork. Bitcoin is too expensive project for such radical changes.

I think it's obvious that bitcoin will never replace the dollar/EUR/YEN, etc or even come close to that but it could be useful for some type of transactions (espicially when it is not possible to use a credit card). Since scability is not a real issue, the LN doesn't accomplish anything. Changing the rules of the game when the game has already started will always be controversial, so if there was a fork to fix that problem I would believe most people would bet on that fork.