Ironically, we are today making the same mistake the largeblockers did.

The problem with LargeBlockism was that, eventually, a node becomes too expensive, people don't run nodes, and then you are just left with Bitcoin as an inefficient version of VISA / WeChatPay.

Today, we have many users of "custodial" lightning. Custodial = infinite blocksize node. We also have non-cypherpunk leaders, who do not care about privacy. A non-private node = an infinite blocksize node.

We also have people who address the "node problem" via shame. That won't work.

What we should do is:

• Activate BIP300
• Shrink L1 blocksize
• Release largeblock sidechain for payments, with fraud proofs
• Release privacy sidechain, for eternal optimal privacy
• Build many L1 tools to make running an L1 node fun and easy and useful, such as CoinNews

I have actually already done all these things, so we could do all of this tomorrow. Instead, however, we are focused on the opinion of tradfi , etf , various laws, etc.

We must be focused on the user experience, of course.