Thanks for a brief overview on Ordinals. Here is my take on how Ordinals are a positive development in Bitcoin network:

With each halving, mining rewards decrease, and it's unlikely that Bitcoin's price will double every four years consistently over the next four decades.

As a result, mining profitability will decline over time. This poses a threat to the chain's long-term stability. The key to addressing this challenge lies in generating sufficient demand for Bitcoin blocks. When miners receive a portion of transaction fees, it can boost their rewards and keep mining profitable, even as the issuance approaches zero.