My point with this entire thread was simply to dispel the false notion that printing presses are to blame for inflation. Loans are the real culprit, with no need to waste paper, ink, and electricity on printing. Taking today's economy lifting out dollars and dropping in bitcoins and continuing on would have the same loan rules, and thus would have the same inflation, minus only the very small percentage that is due to printing presses.
This is wrong. Loans multiply the printed money by a fixed factor but the root of inflation is the printing. Printed fiat money has inflation problems; the more money printed the greater the inflation. Gold does not, despite being lent and banked just like other kinds of money. This is simply because mining gold is hard while printing paper money is easy.
The Zimbabwean dollar is a very clear example. Was the huge inflation caused by people being really enthusiastic about lending and borrowing Z$? Or was it caused by the government printing 100 000 000 000 000-dollar bills?
Yes, most of the money in circulation is created through loans. No, that is not the cause of ongoing inflation.