I don't quite understand how Satoshi was very smart about the incentives to have Bitcoin work but didn't figure out that nobody is gonna use Bitcoin as a currency without a proper inflation mechanism. Even X+ years ago, people where telling 'at one point in time, all Bitcoins will be mined'. So for many years now, most people buy Bitcoin not to buy stuff with it but hope that more and more people will buy Bitcoin. Without a proper use case, this is not much more than a ponzi-scheme.

I really hope Bitcoin and it's correlates will be more than moving money from normal people to scammers and "institional investors" (aka those professional scammers that brought us multiple economic crisis), but I fail to see that at the moment. They might just milk bitcoin until regulation successfully stops it and all that will be left is the idea of currencies owned by FANG vs. currencies owned by goverments to tighten the control.