Put the other way, why should Bitcoin not modernize? It's already the leader by a long shot on network effects, stakeholders would be insane to squander that b

Put the other way, why should Bitcoin not modernize? It's already the leader by a long shot on network effects, stakeholders would be insane to squander that by letting other projects beat it technologically. Obviously it can't move as fast as a smaller project (just like a large co vs a startup) but it will absolutely die if it doesn't move at all. I view Bitcoin a lot like a company. Right now network security is paid for by inflation (issuing new coins), similar to a startup operating with VC money. At the very least bitcoin must increase transaction volume so it can increase fee revenue without ridiculous individual transaction fees.