I assume you are not talking about the minority fee that goes to the validators for their services, but the majority fee that is burned in ETH after EIP1559.

When a limited supply token is burned, the total supply is reduced, and assuming that does not decrease the demand, then the value will diffuse to all token holders. If 75% of all PayPal or Wise fees were burned such that all users of PayPal had their account slightly appreciate in value whenever there is significant transactional volume in the network, a lot of users would be pretty into that.

Besides, this is just one way. Bitcoin does not burn fees, so it’s much more like the PayPal and Wise approach, no money leaving circulation.