It’s hard for me to see your point. People are flocking to ETFs. I talk to wealthy people all the time and they don’t “get” the benefits of being sovereign. I just shake my head. It’s all I can do. They vaxxed their children too. Go figure. 

Of course, I expect they’ll figure it out eventually. 

When they do, I still don’t see the issue. Bitcoin L1 isn’t going to choke to death. Fees will be similar to wire transfers. Payments for our morning coffees will move to ecash. Every few months we’ll transfer from funds from cold storage to a few mints to top up our spending money.