BTC question.

Less than 3 million BTC left to be mined. What happens to the value of BTC once all 21 million are mined? If it’s not really an efficient payment medium, then is there a max value based on the supply/demand? To clarify, once the supply limit is reached what dictates that btc will continue increasing in value if demand should remain the same (as it’s not a practical payment medium)? Furthermore, is there a way to calculate the approx value of BTC demand once max supply is reached?

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Or is it similar to gold in that it’ll be an effective medium to retain monetary value if there is volatility and so the value of BTC would be similar to a commodity and move in tandem/contrast with the strength of fiat currency?

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The way I understand it is that the BTC blockchain is extremely difficult to maintain and is a huge environmental drain. Also, it’s ineffective for small payments so those transfers don’t get as quickly prioritized as large value payments by the miners, which is why BTC has various forks such as cash.

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