It might take time, but the fact that the government can't print free bitcoins as it does with fiat to pay off its usurious debt and devalue everyone's hard work is a compelling basis.
But won't you just hoard all of your earnings if it isn't inflated away by 2+% every year? I've been told spending would grind to a halt. Also without holding your wealth in cash in a bank, how would banks use your money as a reserve for lending out to their favored clients?
Not necessarily. Secondly, banks and money lending are immoral and predatory. Usury is prohibited in the three major religions (Islam, Judaism, and Christianity), so we're better off without this dangerous practice. It goes hand in hand with fiat money by the way, the government is taking loans from the Fed, which is why it keeps needing to print more and more money to fuel it. The sooner we get rid of money lending as a business, the better.
On a side note, Islam requires a 2.5% Zakat from money hoarded in your account, to be donated to charity, so there's your solution against hoarding :) We don't need the government to fake print money to prevent people from hoarding. Better that money go into charity to truly have a more equitable society, as opposed to the fake and useless proposals we keep seeing and pitting parties against each other.
The Zakat is an interesting concept, but I don't see much functional difference from inflating the currency by 2.5% and then giving the newly created currency to the poor. Presumably some system is needed to enforce Zakat, that same mechanism of force could be used to inflate currency.
Since inflation is a centralized operation and Zakat is decentralized, I would wage enforcement of inflation is much easier than enforcement of Zakat.
According to https://www.usgovernmentspending.com/welfare_spending_analys..., in FY2021 welfare (not including Social Security or Medicare, which are for retirees, but including Medicaid) was $2,418B across federal, state, and local, about 76.6%. Neither Zakat or US welfare spending includes discretionary charity.
Overall, US welfare spending seems to be on the same order as, albeit a little less than, a Zakat imposed on all US wealth. Also, I'm not sure if this welfare figure includes EITC, which is the logical way that additional cash benefits should be distributed (since it avoids welfare cliffs).
Definitely not a compelling reason.