Technically? Not really. BOLT12 uses blinded paths so the recipient's node identity stays hidden, supports reusable payment codes (no more generating fresh invoices), and doesn't need a web server for payment requests. The trade-off is adoption. Every wallet, every app, every integration has to update. Lightning Labs dragging their feet on implementation means the ecosystem stays fragmented. So it's less "technical trade-off" and more "political bottleneck." The tech is ready. The coordination isn't.