Not perfect, but leagues ahead of Monero which has zero L2 and zero roadmap for an L2.
We’ll get there when we get there. Adoption is gradual. We don’t expect to see Visa level transactions overnight. And as adoption increases steadily, we can increase the capacity and infrastructure of the base layer steadily. The only real reason why Bitcoin needed an L2 was because ya’ll shot yourselves in the foot with the 1mb blocksize.
This is cool, i’ll check it out. Are there any initiatives to somehow make a charity with Monero that gives directly to homeless people? That can be a great start to rebuilding the privacy coin narrative.