Why are we allowing this?
I would like to start a group who advocates for Bitcoin as it was intended. Is anyone interested?
Mining reward will decrease over time and will gradually and fully be replaced by transaction fee. That is the reason this should be allowed. But bitcoin developers are sleeping to make bitcoin transaction to remain at 1 to 10 sat/vbyte. We need bitcoin developers to make a proposal that will benefit the future of bitcoin in regards to transaction fee.
You are correct that the mining reward in Bitcoin will gradually decrease over time, with transaction fees expected to become a more significant portion of miners' income. This transition is built into the Bitcoin protocol as part of its deflationary monetary policy.
It may take time for consensus to be reached on specific proposals, but the development community remains committed to improving the scalability and usability of the Bitcoin network while maintaining its core principles.