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It absolutely is, that's why it faces constant FUD, and also why projects that undermine it miraculously receive hundreds of millions in funding while real Bitcoin projects face a hard road
All the ECash hype you see is astrotuf designed to install large mints that centralize Lightning flows and integrate non-bolt11 specs as a forking mechanism
The parade of fake L2's is part of it, "Layer 2" become the scammer nomenclature du jour just as "Blockchain" once was.
It's all fog of war tactics, on a digital battlefield, where the weapons are narratives.