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I suppose it’s not entirely clear whether that would be a hard fork or not. Bitcoin can be created indefinitely without violating the consensus rules or the 21 million cap in the pure mathematical sense.   

But will 0.5 sats ever be a meaningful mining incentive? How about 0.00625 sats? I’m guessing no, but I’ve been surprised by bitcoin many times before and I’ve been wrong more often than right since 2010.