Therefore anyone who is suggesting that we need BIGGER blocks right now needs to provide such evidence and logic to such an extent that it is convincing others that such a change is justified.
Pretty simple, let's assume 10% of the world population wants to use Bitcoin (not just own IOU on an exchange) , each gets his coins and opens a LN.How long will that take at current block size?
I frequently question whenever anyone starts out a claim with "pretty simple." hahahahaha
Maybe currently we have less than 1% of the world's population even engaging with the blockchain on a regular basis. Not only do we have people, we also have institutions and governments.. so yeah, there are a lot of potential transactions and/or HODLers of bitcoin still to come, and yeah, maybe they won't come if fees are too high.. which I am thinking is part of the current attack that ends up largely dissuading poor people and retail from adopting bitcoin, so the BIG players may well be getting into bitcoin, but in several senses, bitcoin's value proposition seems to be an empowerment of poor people... if not directly, then their empowerment would end up coming more indirectly.
So bitcoin still provides a lot of utility, fairness, improvements and disruption, even if it ends UP being used by mostly richer people... not that I am advocating for such a world because I do believe that there are going to continue to develop second and third layer solutions that still empower less wealthy people.. and especially if they are escaping a country with all of their wealth, they may well be better to escape with bitcoin in their heads rather than having gold stuffed up their nether regions.