Justin Drake warned that failing to address the shrinking security budget could pose an existential risk to the broader crypto ecosystem

Quotes that support claims

According to Drake, Bitcoin fees have fallen for 13 years, with miners generating less than 10 BTC in daily fees. He believes that this low fee represents a disincentive for most miners who are the ones securing the network and could eventually affect the network, a contagion risk for the whole crypto industry.

Bitcoin’s declining transaction fees and finite block rewards could jeopardize its long-term network security, warns Justin Drake.