I challenge you to make any of your theory make sense using the equation of exchange, or a modified form of it with a logical proof of why the iteration makes sense.

At a words-level: the oldest deflationary good there is — land — continues to be traded and recommended for investment, even by those who cannot grasp the actual ways that a system like Bitcoin will interact with the remaining economy. Justify that, also, please. (As an investment, meaning you are not using it, merely "hoarding" it, as most land is held, and all is claimed. For most of us, land is the ultimate in an analogy to a 100% pre-mined coin. But its uniqueness is undeniable. This, BTW, is a useful fact for the "ponzi by early adopters / too late to invest" arguments.)

Also, permanent-inflation coins exist. If they are superior to commerce, by virtue of some variable to the equation of exchange that has thus far eluded me, I am confident the market will adopt one or more. Also, the existence of alt-coins themselves permits the market to modify the *global* M, thereby creating inflation in the global P. While Bitcoin is not inflationary (and neither is it inherently deflationary; some prefer to say it is because it is expected that humans will lose coins and we also assume the population of humans using Bitcoin will be increasing for the duration of Bitcoin's use, but Bitcoin itself is algorithmically inflationary with an inverse logarithm dictating its inflation, until the limit is reached at the neutral projection of the year 2140, at which point it becomes static) the global economy of decentralized currencies is as inflationary, or static, or deflationary, as the market chooses it to be. Solving this within Bitcoin is solving a nonexistent problem, if for no other reason than it is already solved, if it is indeed a problem.