That creates opprotunities for other Level 1 chains. Solana for example charges $0.00025 per transaction (however this is still denominated in the SOL currency so it will fluctuate). Hedera network is $0.0001 per transaction and is fixed in USD.
They have other problems. Solana's entire supply is said to be 5% of the current world population. I'll let you do the math on the rich/poor inequality this entails.
Each problem that's dismissed out of hand by crypto proponents is compounded by the endless streams of bigger and worse problems.
I'm very confused by both of your points. The supply of a cryptocurrency is equal to a person? A crypto token is not a person so I'm guessing you missed a few words there?
How is building a competing chain to more efficiently solve a problem (high transaction fees) in a competitive market in any way "dismissing" that problem? That seems the exact opposite of dismissing a problem.
Do those new solutions come with new problems? Sure, that's true of any technology. Dynamo-based databases solved high availability and network partitionability of data but come with several trade-offs. That doesn't mean you shouldn't use Cassandra for anything.
That said, Solana is not the hill I'm willing to die on and it's hot garbage. Hedera seems good though.
Same. Lightning gets around them by bunching a bunch of transactions into one bitcoin transaction. Which is exactly what people have been doing with card processing for ages now.
And of course there other payment systems around the world that don't rely on card transactions.
And don't forget that the entire lightning thing is dependent on banks aka nodes with large sums of money to provide liquidity in the system.
