I had a series of dial-up modems for many, many years. It was always good enough because it's not like we were watching Netflix on them.

Bitcoin is not good enough. Compare to alternatives that aren't cryptocurrency and it's just straight garbage. Saying that people are innovating is a pointless tautology, that's always true and doesn't change the fact that right now it is absolute garbage.

(I trade bitcoin futures. I don't in any way believe in or care for the tech, I'm just here to make money.)