Yeah. I saw that news story today on my crypto news app on my phone.
Agree that the miners will probably have a big say, and honestly, I think it's kinda crazy that miners greed can dictate the course of ETH to the point where it is becoming unaffordable for traders and average users. E.g. it costs almost $40 to send USDC and many other ERC20 tokens, but the whole point of stable coins like USDC is to try and strategically retain value pegged to the dollar, but for a more small time trader (like myself) you're often losing a big chunk of your gains simply to move cryptos.

I think that the miners will kick themselves in 2-3 years time if they don't embrace measures to reduce fees as something more scalable will replace ETH eventually if these loopy fees continue, then the value of ETH will tank in that scenario. I guess miners won't care as long as they get max $$$ now, but it seems a shame and I think that POS ETH implementation sooner rather than later is the only thing that will force their hands.

They will be forced to see compromise with miners.

Although, as you point out, perhaps compromise can be reached which at least moves things forward. I know there are 2nd layer solutions etc. But in the case of onboarding the world to crypto more complexities (2nd layer) are the last thing we need. People just want to be able to move money/value cheaply and quickly, with as little complexity as possible, these are the problems crypto was always meant to solve, if cryptocurrencies as a whole can't do these things, it's doomed to fail lol

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