Regarding L2, let's consider Lightning. I think the Lightning network is currently the fastest and cheapest payment network for everyday use. Moreover, as long as you don't leave the Lightning network...
Lighting IS great for small payments. But it you really think it's that secure, why not keep your BTC there instead? Running an LN node is a pain in the ass, I would never do it again. Do you run one? Most people won't, and on that side it's fine if you use LN for small payments alone and use a hosted wallet. But I wouldn't ever consider it for meaningful payment amounts myself.
Why has Monero really been delisted, though? Not because it's small or lacks trading volume. The delistings are all exclusively because its features make it incompatible with regulatory compliance. That should make everyone who cares about their privacy want some.
My overarching point is that if people are only going to care about Bitcoin because of NGU, then it's largely failed as a peer-to-peer electronic cash system.
Why has Monero really been delisted, though? Not because it's small or lacks trading volume. The delistings are all exclusively because its features make it incompatible with regulatory compliance. That should make everyone who cares about their privacy want some.
My overarching point is that if people are only going to care about Bitcoin because of NGU, then it's largely failed as a peer-to-peer electronic cash system.
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