Some interesting ideas here. While the Bitcoin creation process can be seen as inflation, I think that it is the expectation of the 21 million and no more that makes Bitcoin appreciate like it is. Even now, as coins are minted, the price to buy Bitcoin is soaring (deflation) because of the expectation of scarcity. This expectation will never go away.

Imagine taking a loan in Bitcoin one year ago. How painful would it be to pay that loan back now. You would have bought a pizza with a loan of 3 Bitcoin and say you chose to pay it back now, you'd have paid nearly $600 for that pizza. That is exactly how loans would look in a deflationary system.

If the world adopted Bitcoin exclusively then the value of all products, property and capitalized shares of ongoing businesses would have to cram into 21 million units with 8 decimal places. At that point, we would likely be working within that 7th or 8th decimal position for common, everyday purchases.

With a currency that appreciates over time and, literally, goes up a little along with everyone else's Bitcoin each time someone builds a new home or starts a successful company, it would be like owning common stock in the whole world. Everyone would root for everyone else's success. Gains for someone would be gains for all because something new, that has value, is being crammed into those 21 million units we'd call our money.

Am I making sense here? Could this be a uniting phenomenon and cure some of the problems plaguing our current system?