I'm going to explain, in very simple terms, why inflation is absolutely necessary and why an economy built on deflationary crypto cannot function.
The USD is a slightly inflationary currency. This means that people's holdings of USD effectively decrease over time. If you sit on a million dollars' worth of USD, you have less money next year than you do this year.
Woah! You better invest that USD, then! You better put that money- directly or indirectly- into building factories, employing people, doing research on the next generation of biotech technology, anything, anything that isn't just putting it into a vault and letting it depreciate. (On the other hand, you can always just put your money into a different hedge of value storage, such as gold.)
But let's say that the idiots shilling this garbage actually got their way. Let's say - just for a moment - that fiat went the way of the dodo and only Bitcoin and other deflationary crypto was the only valid form of currency.
Why would you ever invest in anything with your bitcoins? Why would you put thousands of bitcoins into any productive enterprise that builds factories, does research, farms crops, employs people? Bitcoins wind up being destroyed faster than they're created, after all! You'd have a good chance of losing money, rather than making it, if you choose to invest with bitcoins rather than just saving them.
So money doesn't get invested anymore. So factories aren't built, people aren't employed, private enterprise collapses because nobody's willing to put in the capital to get it started.
Obviously, hyperinflation isn't a good thing either - but if people have no reason to spend money rather than simply holding onto it, there's no point in using it as a medium of exchange.
Bitcoin, like the jews, can never be anything other than a parasite.