Bitcoiners were also generally skeptical of this. BTC and crypto often gets lumped together but many of those who prefer Bitcoin have been skeptical about stuff like this from the beginning.

Lightning Network also has some interesting capabilities & seems like it might actually evolve into something with real utility. Block is investing pretty significantly into that.

The minority of Bitcoin enthusiasts in the crypto space might turn out to be at least somewhat right. Assuming western governments don’t ban proof of work, at least.