I believe in that scenario, the current state is up to the task,

Digressing, I also think that's the case now and not a hypothetical. My thesis is Bitcoin is a white-hat psyop by NSA/military intelligence to save America from the Triffin dilemma and inevitable global reserve collapse. We're just watching this op, among many others, like a movie🍿

In any event, US adoption ends in it becoming a foreign reserve backing the dollar, the US Treasury and it's foreign peers basically becoming giant ECash mints (see ECash Act)

Why is this path inevitable? Because anything else requires destroying Bitcoin as we know it. No scaling proposal can accommodate the ridiculous hypotheticals of ~8BN people using it to buy coffee self-custodially and remain Bitcoin. At best, we're talking a peg, with a weaker form of consensus.

We already have pegs without destroying the base layer, so there's no rationale to add risk to the base layer because a peg is inherently a downgrade.

Reasonable scaling improvements (optimization within current design space) are marginal by comparison so they tend to not be as exciting. They are also unquantifiable until they are actually needed- and we have the real data necessary to quantify them.

Scalooors like Paul and the CTV clowns do a disservice by taking resources away from projects that want to get us to that very achievable milestone of 1BN users.