Is Bitcoin Halving a good thing and will it create more millionaires?

So the miner rewards are about to be cut in half. Which means some miners will have to sell out / go out of business. So there will be less miners.

Bitcoin Halving May 2020

Less miners = it takes more time to verify user transactions, right?

Can Bitcoin become a primary/reserve currency for every day use when it will take substantial amount of time to verify a simple transaction like buying a drink (unless you want to pay a huge fee to speed it up).

I don't see how Bitcoin will be viable for every day use in the future? It may be used for larger purchase for a specific product that will take time to produce like a car.

submitted by /u/CristinaLadyTorres
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