Segwit Doomed and Price is Soaring

Ok, let me put forth what people have been saying for a long time in terms of technical rationale.

Average block size on pre-SegWit chain were touching limit - blockchain had reached max capacity as anyone with common sense could see (no MSc / PhD required) and had long been predicted by Mike Hearn, Gavin Andresen, Jeff Garzik etc.

SegWit address use would have a slow adoption curve even once activated (we are now seeing this play out in reality)

Seondary layer Lightning is still not ready (I believe 18 months was recently given as estimate for readiness, which seems very optimistic - can you point me to any scientific progress on the key problem of routing while taking into account channel funding?

Saturated network was causing high fees, long conf times, and unreliable fee estimation algorithms predictably could not handle it well --> users were leaving -> steady loss of Bitcoin marketshare . Issue is technical (degraded performance due to block size limit), other blockchains with dynamic block sizes unaffected

An increase in the base blocksize would have at least 'kicked the can' a bit on the immediate performance issue that users were facing regularly. Such an increase was even on Core's own 'roadmap' for a long time when roadmaps were still a thing.
I agree that a 2x increase would be insufficient, but it's still better than nothing (not having Lightning network ready).

Failure to scale now means Bitcoin users had to choose between witnessing a continued loss of market share, or defensively hard forking in view of Blockstream and Core's refusal to credibly address the above concrete issues.