I am no developer but in my opinion it is a bit of a chicken and an egg thing. The protocol and the asset require each other to retain the features that give each one fundamental value. I think when a Bitcoin leaves the base chain to go to layer 2 or get wrapped on another chain, it retains it's economic value but not it's fundamental value because it is now inherently less secure, more confiscatable, more censorable (I know it is the transacting of the coin that can be censored but in a way that is also censoring those sats as well). In turn, I think when you move shitcoins, jpegs and other random data to fill up blocks on the base chain that it also loses some of it's fundamental value as an open, accessible network.