As I understand the article, it argues that relying on transaction fees to reward miners is not viable, as there are too few transactions happening thus making the transaction fees extremely high.

> "$7.125B / 91,250,000 tx = $78 per transaction."

> "But we just proved the store-of-value narrative breaks down because of the $7.125B/year leak and the fact that mining is unsustainable long-term unless it is subsidized by transaction fees, which will not exist because transacting on Bitcoin is slow and expensive."