It's still taking time I think. We understood that L1 should never have been the place for the end consumers and that's why all the chains (Bitcoin-Lightning; ETH various systems like StarkNet, zkSync, Loopring and so on) are currently in the process of finding out how to make everything that is happening on L1 possible on L2. On Ethereum one big part left out is still the the general ability to run EVM code on L2, but that is happening like right now.
Biggest problem after that will be user experience, but I am currently in the Ledger Connect (now Ledger extension) Testflight beta and it makes using dApps on iOS with a hardware wallet a really good experience. No cables, no app switching, no weird abstraction barrier. The new Stax also seems like a well thought out wallet that was created with a focus on UX. Only thing I don't yet see is a good NFC integration for existing payment terminals.
I still think the industry is really early. Layer 3 is now a topic for privacy preserving user interactions which is super interesting. It doesn't then stop at being your own bank, but with it you will be able to really control your own identity without anyone standing in the way. For needing less trust sharing your data and being self sovereign. Using the chains just as a highly accessible, authorized data store.
I like cryptocurrency overall, but the bar for convenient purchases is really high. For anyone to care, it'd better be as easy as tapping my credit card on the terminal... which even Apple Pay isn't.
Biggest problem after that will be user experience, but I am currently in the Ledger Connect (now Ledger extension) Testflight beta and it makes using dApps on iOS with a hardware wallet a really good experience. No cables, no app switching, no weird abstraction barrier. The new Stax also seems like a well thought out wallet that was created with a focus on UX. Only thing I don't yet see is a good NFC integration for existing payment terminals.
I still think the industry is really early. Layer 3 is now a topic for privacy preserving user interactions which is super interesting. It doesn't then stop at being your own bank, but with it you will be able to really control your own identity without anyone standing in the way. For needing less trust sharing your data and being self sovereign. Using the chains just as a highly accessible, authorized data store.