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Here is the source article
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This is the way!
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If you ever use Bitcoin as a currency you'll have change/dust and UTXOs way smaller than that.
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The assumption is no transactions will use L1 as "currency" -- it will be Lightning. So you might have a 1M channel transaction on chain with no change.
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In the future yes. In the last decade and currently now there are many businesses that only accept Bitcoin on the chain.
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If you are spending on-chain, then you want to keep your UTXOs small for privacy and safety.
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Thanks, I need to check that out. This type of stuff is interesting to me.
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Jameson Lopp had an intresting post in this context about Economically Unspendable Bitcoin UTXOs Also great comments in UTXO set & consolidation
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Bitcoin Audible has a recent episode something like "to dust you shall return" where he talks about this. IIRC he said 100k or so is pretty good. I've heard others who consolidate to 500k or so.