The exponential price appreciation after the Bitcoin halving is more of a function of buyer demand and long-term holder dynamics than it is of the supply-side reduction of the block subsidy.
"At this point, the predominant majority of the world is familiar with bitcoin, but few understand the radical concept of absolute scarcity. With each halving, the media coverage is larger and more significant"
thats it! so few understand absolute verifiable digital scarcity
These are sometimes like poetry, especially the Final Notes.