Ethereum researcher raises concerns about Bitcoin potential security problem due to its low fees

Ethereum researcher Justin Drake highlights potential vulnerabilities in Bitcoin’s security due to declining fees. Despite Bitcoin’s rising value, he argues that this trend could compromise miner participation and, consequently, network integrity.

Critics of Drake’s perspective emphasize analyzing fees in USD instead of BTC, arguing that it might alter the risk narrative. Proposed solutions, such as expanding Bitcoin’s supply or switching to Proof of Stake, clash with core Bitcoin principles.