Bitcoin's block rewards halve every 4 years. By 2032, they'll be just 0.78 BTC.
The Energy Cost Model shows miners need $200k+ BTC prices OR massive transaction fees to stay profitable.
Without fee innovation (Lightning, Ordinals, DeFi), the network becomes vulnerable.
We must embrace new use cases—not fight them. Every inscription, every Lightning channel, every institutional settlement strengthens Bitcoin's security.
The math is clear: Innovate or watch hash rate collapse. Fee revenue isn't spam. It's survival.
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