<i>&gt; It&#x27;s not credibly possible for bitcoin to exist in its current form while also being able to make a $0.0001 payment.</i><p>Of course it is. I&#x27;ve made such payments many times over the years. The only reason it&#x27;s not currently possible is because the Bitcoin Core developers have deliberately forced the network to run out of capacity instead of doing what the community wanted and raising the block size limit. So now the fees are huge, payments are flaky and users are rightly complaining that the system they rather liked appears to be losing any advantages it had over the competition.<p>Saying &quot;it isn&#x27;t feasible&quot; or &quot;not credibly possible&quot; when it was repeatedly done right up until very recently is ... not great.<p>The proposed Lightning Network has received some very strong technical criticism, such as Chris Pacia&#x27;s article.  I wrote a similar one months ago that touched on different issues. I have not seen much in the way of answers to these criticisms.