Yes I believe Bitcoin can certainly scale. But I think a lot of concepts and worries are disregarded here. So let’s say the next Mt. Gox or Celsius happens on a L2 of Bitcoin in the future. Yes the base money is solid so the funds of the customs will be for sure lost, essentially a rug pull will happen. Yes you will be able to scale but will the network be reliable ? You will have to
Have some element of trust but will I have ways of verifying said trust? Or is it just a ‘trust me bro’.
And if you are essentially building whatever on top of Bitcoin to scale how is it different than wrapping Bitcoin on Ethereum or any other project ?