The small transaction issue may be overcome by something like the Lightning Network, but in the short term, you can just use other cryptocurrencies with lower fees or other features that are important to you.
This is only true as long as Bitcoin is worth more. But with it becoming more unusable, while other coins are growing in popularity, this will change and Bitcoin won't have any use case left.
> The small transaction issue may be overcome by something like the Lightning Network, but in the short term, you can just use other cryptocurrencies with lower fees or other features that are important to you.
The Lightning Network has too many problems to solve Bitcoin's scaling issues by itself. Including:
1. No decentralized routing 2. Hubs need to bind up large amount of capital 3. Nodes need to constantly be online and monitor the state to prevent fraud 4. It is heavily dependent on the network effect: for it to be useful the ones you want to transact with needs to be there. Kind of a chicken and egg problem. And why use it as long as other cryptocurrencies fulfill the users need, with a better user experience than LN would provide as well. 5. Settlements do not work reliably with full blocks (or they need to pay huge premiums)
LN might have a usecase for providing microtransactions, such as paying for every X second of a video or similar, but it will not solve Bitcoin's scaling problems.
I understand that miners can choose to leave Bitcoin, and this is largely dependent on price, but historically, Bitcoin provides the most security, so it is the safest crypto for storing a large amount of value.
Monero is the only real cryptocurrency because it does not have a public ledger. Monero is fungible, meaning you cannot tell two coins apart, which is an essential property of money.
This is a very real issue most people into Bitcoin does not seem to care about. Anyone you transact with can gain insight into your personal finances which at best informs your friends of how rich/poor you are and at worst making you a robbery target.