Prepare from now your LN bank... We are pioneers, we have to learn to build solutions for the heard that is coming. Don't waste your time trading shitcoins. learn more about BTC/LN and build solutions for people around you, close to you.

Yes. In the future, 99% of the world population will be priced out of using L1. Only the ones that are early and stacked a large enough stack will be using on-chain. For myself, I only have UTXOs of 1M sats or larger for this reason. These might need to be consolidated at some point as well.

Yup, that could happen. That's why it's worrisome. @DarthCoin's suggestion is certainly part of the solution -- figuring out how to migrate stuff onto LN ASAP in a sensible way.

I expect other types of solution will arise, such as the emergence of new institutions that make different tradeoffs w/ sovereignty. You can already see it, in some ways that people don't like (e.g., exchanges) and some people generally like (e.g., fedimint) and everything in between (collaborative custody at Unchained, Casa, etc.)

btw, we were screaming out loud all these years: buy and use bitcoin, meanwhile they were ignoring us or even worse, using shitcoins... now they get what they fucking deserve.