Once must understand that halving is an essential part of the Bitcoin protocol, aimed at approximating the natural increase in scarcity, observed in other money systems, like gold (as opposed to currencies, like dollar, which can be printed ad infinitum)
The problem is that Bitcoin itself is not natural. As I have said elsewhere (and been attacked by assclowns of all stripes and denominations, lol), Bitcoin, in this aspect, is no different than any other fiat money out there (or currency, if you please), my point being that mimicking scarcity (or any other quality) of its counterparts such as gold doesn't endow it with the resilience and robustness due to their
inherent value (entrenched deep in the minds and nature of people)...
Beauty is in the eye of the beholder
None of the money is natural, even gold has to be coined into unique form and weight to circulate as money. People usually do not accept gold bars/nuggets because they can not tell the purity without professional equipment. Then the trust falls on the quality of those gold coins and the issuance of those coins, so they are usually made by authorities (gold smith centuries ago then later coinage organization). That's the key to money's value: An authority that people can trust
But later on in France, these authorities became untruthful and start to dilute the gold in the coins, and John Law even came up with the idea of fiat money that is backed by shares (Mississippi bubble), thus sank the credit worthiness of fiat money, and failed. But since then fiat money started to be backed by some complex securities that is totally out of understanding of average Joe, and became a supply/demand game
In bitcoin, those authorities are back, now they are mathematics and network. People have no problem to trust the authoritative of mathematics (law of nature), but they might not trust the network because it is prone to human manipulation. So it is essential the protocol is followed by all the network participants and even its users
For any type of money, even it has endless supply, the scarcity can still be observed by the end user, so scarcity of bitcoin does not really affect end users, but it indeed give speculators a long term positive prospect