I was thinking about how great bitcoin is vs combatting inflation but what about deflation?
Say bitcoin gets lost or if there was a malicious intent of destroying / hoarding bitcoin, are there any mechanics within bitcoin that address this?
Am curious but this is one of the largest problems i could think of if btc were ever widely adapted
The issues you are thinking is no longer a threat to bitcoin today. Bitcoin hoarders were never a problem since even if they hold bitcoin today surely they will use it or spend it later on. Nobody in their right mind will keep and hoard their bitcoins until they die. Thus even if there is hoarding in bitcoin it doesnt mean that bitcoin industry will stop.