Question regarding the viability of bitcoin in the long term. From my understanding, the security of bitcoin comes from miners who verify the blockchain. What happens when there is so much halving that the reward for mining bitcoin is extremely low and the cost of verifying the blockchain for the miners exceeds the reward of their bitcoin?
I believe that the main problem is that bitcoin is finite. I mean that there is a certain number of bitcoins and if suddenly the last person loses the key to their wallet what to do? if dollars can be printed, then bitcoin can not be printed in any way. You need to create a new system based on the bitcoin type.