Due to its limited block size, inflation will be required to keep BTC alive. Thoughts?

https://preview.redd.it/yhxove0ggqne1.png?width=1372&format=png&auto=webp&s=cf500f4355a64ecf51139e9275a3005670c15fb5

Some points:

• Miners only have an economic incentive to keep mining if(block_size_reward * btc_price) + fees results in profitability.
• The original Bitcoin project predicted that mining would be entirely supported by millions of transactions paying low fees once the block reward became irrelevant. This is not possible with BTC's limited block size.

Therefore, BTC can only survive if there are enough transactions consistently competing for block space to the point that fees are astronomically high.

BTC price alone is not a guarantee since the block reward will diminish overtime.

Given that less and less people are using the BTC blockchain due to its inefficiency, it could be that BTC will reach a point where the solution will be to increase the total supply to more than 21 million by extending or increasing the block reward to keep miners incentivized, effectively introducing inflation.

Obviously, such change will require a hard fork. If you combine this with the fact that Black Rock has recently stated that the 21 million cap is not guaranteed, I think we have a very good indicator of what is going to happen. Inflation has also been suggested by one of the Core developers in the past years.

In summary, BTC future doesn't seem bright.

Thoughts?