Peter Todd, the main advocate of Bitcoin's 1MB block, said that the 21 million bitcoin supply cap is actually a "religious belief." Anyone economically aware knows that we do have a high inflation rate, but that's fine, and the difference between 0% and 0.5% sounds trivial. In this regard, Jiang Zhuoer stated that Core's attempt to issue additional BTC (over 21 million) was because the additional issue was the only logical choice after 1M was locked. Peter Todd believes that the 0.5% inflation rate is almost the same as 0%, 0.5% * 21 million total = annual production of 105,000 BTC = 2BTC per block of production. After halving in May 2020, the output per block will be 6.25 BTC and 3.125 BTC in 2024, which means that Core hopes to stop halving after 2024 (up to 2028). So this round of halving bull market is still there.