Halving is a way for satoshis to force the price of bitcoin to continue to rise over time. The fewer rewards given to miners will make bitcoins harder to obtain and rarer as time goes by. This is a smart strategy that Satoshi had and I just realized it.
The weakness of this strategy is that when Bitcoin fails to reach a high price after the halving until the next halving occurs, this can damage public trust and also harm miners. However, this weakness no longer applies because Bitcoin always has a new ATH at every halving phase that occurs. So, I believe the price of bitcoin will continue to skyrocket in the future.
What do you think?
It is wrong to use the word force for it and I somehow disagree with you on this. The right way to put it is that Bitcoin was designed in a way that the supply will continue to decrease even in the face of increasing demand thereby creating a kind of imbalance that will spur an increase in price. This is not the same as forcing people to buy Bitcoin but a simple economics.
Furthermore, the price of Bitcoin have not continued to go up, we have experienced several bullish and bearish seasons just like we have in every other market. Bitcoin have enjoyed overall growth not because people were compelled to buy it but because of the values it has continued to provide and the potential people see in it, hence the reason they chose to hold it.