People have the option of federated sidechains or federated mints. Could even split funds into several different federations if we get to the point where there is that much demand. Or maybe one day co...
After 14 years we don't have anything near hyperbitcoinization, which is the goal of every sane person, and fees are probably only still relatively cheap today because SegWit did a mandatory blocksize increase.
No non-custodial offchain mechanism will ever be able to bypass the lower limit of requiring trustless payments to be bigger than the fees required for an onchain transaction. If we expect fees to increase -- and we must if we want Bitcoin to continue to be safe -- we must also expect that less and less transactions will continue to be viable.
There are only two solutions: custodial stuff and Drivechain. If no argument can be made that Drivechain breaks Bitcoin then activating it is the reasonable course of action.
No non-custodial offchain mechanism will ever be able to bypass the lower limit of requiring trustless payments to be bigger than the fees required for an onchain transaction. If we expect fees to increase -- and we must if we want Bitcoin to continue to be safe -- we must also expect that less and less transactions will continue to be viable.
There are only two solutions: custodial stuff and Drivechain. If no argument can be made that Drivechain breaks Bitcoin then activating it is the reasonable course of action.
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