People that were wasting their time watching YouTube will now have an incentive to lower their time preference and work hard in order to acquire valuable and scarce bitcoin.
I totally agree with you with most, but this part is quiiite debatable. It's probably safe to assume(at least from where I'm from), that the "lazy" demographic I was referring to doesn't even know much about inflation/deflation; what more monetary policy in general? No monetary shift into a deflationary-ish society is going to change
most of those people imo.