The effect of deflation is abnormal increase in price which can cause Bitcoin to be overpriced in the future. My question is what do you think will be the adoption and usage rate of Bitcoin then, whether it will increase or decrease?
when more and more people are finally aware of Bitcoin assets, then when they have them, of course, they will be more aware of protecting their assets from the risk of losing wallet access.
the situation may have been different when Bitcoin was still not so popular and its price was still cheap in the past. because its ownership was considered not so large, there was a tendency for them not to consider the security of their wallet storage.
the adoption and use of Bitcoin in the future is real. currently, people are more open to Bitcoin even though they still use fiat. however, currently, the use of Bitcoin is still limited. But when it is successfully used en masse, its adoption will continue to increase even though its price will definitely increase.