Apparently these multi-sig/rollup "L2s" that we're meant to get will need capital for bridging and trading between tokens, and will pay the stakers from fees earned, which I doubt is anywhere close to an attractive yield so be ready for ponzifiication returns 

 Ok, that is fees for transactions.
Still does not demonstrate that this is creating real value I guess.  

 I felt the same way about ordinals and they generated quite a bit of fees for a short period, so I never underestimate how a mania can take off but I don't see this being more than a flash in the pan, if that even 

 It doesn't.  The only income stream built into Bitcoin is mining. Anything else is a ponzi scheme.