ETH Is Down Bad, While Layer 2s Are Ripping. Are L2s Parasitic to Ethereum?

Justin Bons and Ryan Berckmans debate whether Ethereum's Layer 2 networks are parasitic to ETH, since rollups collect fees while paying little to the base chain. Bons criticizes L2s for centralizing Ethereum, claims the blockchain trilemma no longer exists, and says Solana has a better roadmap. Berckmans argues that L2s enhance Ethereum's network effects, decentralization and long-term value, and predicts that L2 adoption will surge and drive up L1 fees.