Combined with LN this is the best thing that could happen for Bitcoin.
I am already hearing so many people in my office chatting about Bitcoin again and how stable the price is in the last months and they are thinking to convert some money to Bitcoin.
Before when Bitcoin price was going always up people didn’t want to spend it, but now it’s great, you don’t have to fear that if you buy something Bitcoin doubles the price in the next months and you regret it later.
Prices going up where the worst thing for mass adoption.
Even if people now buy Bitcoin, if they spend it the price won’t go up because the merchant will sell it back to fiat creating downward pressure on the price thus making it stable.
Great things are upon us.