Hasn't that been apparent for years now though? It's a cool idea but really no real use that doesn't boil down to some sort of crime
Also, Bitcoin can process far more than 7 tps through the Lighting network.
I wonder where your misconceptions come from?
Fees are CURRENTLY around $1 because no one is using the L1 network. There is no demand now because of all of the times when the transaction fees were $30.
>Also, Bitcoin can process far more than 7 tps through the Lighting network.
The lightning network is insecure during periods of high demand because you aren't able to safely close channels. Also, you still need to fund channels on L1 in the first place!
If they remove the guardrails keeping crypto out of the regulated financial industry (read: KYC and AML requirements), your bank deposits will absolutely be comingled with toxic crypto assets, because it will be way cheaper to avoid paying compliance people than the transaction fees.