[kybernetikos]

I believe that economists generally think that a small amount of inflation is good for the economy, and that deflation is bad (because it leads to reductions in spending and investment, potentially causing a vicious circle). It's also relatively easy to counteract - just print more. In order for hyperdeflation to occur you'd need a currency where the issuing body didn't believe deflation was bad, or didn't care.

[kemotep]

Bitcoin has a hyper deflationary monetary policy hard coded in.

[Sohcahtoa82]

Yup, and as a result, nobody wants to actually treat it as the digital currency that it was originally set out to be.

Anybody who truly thinks Bitcoin could hit $100K value certainly doesn't want to spend them.