Why the BTC fee market makes no sense

"The so-called fee market in BTC is not a market, nor anything like that. In a real market, when demand increases relative to supply the price also goes up. But the suppliers immediately react to the incentive that this price increase implies, by producing or importing more of the good and making it available to the additional demand. This again puts downward pressure on prices and makes the good affordable again in the shortest possible time."

https://read.cash/@NamotoSakatoshi/why-the-btc-fee-market-makes-no-sense-520fa94b