Inflation isn’t strictly a measure of the monetary base. The dominant factor in “inflation” of (almost?) all cryptocurrencies is demand, not supply. Now, you c

Inflation isn’t strictly a measure of the monetary base. The dominant factor in “inflation” of (almost?) all cryptocurrencies is demand, not supply. Now, you can make the argument that that’s not really inflation - that BTC won’t predictably ~double in value every year going forward, and therefore one shouldn’t be afraid to spend it - but the idea that the tiny rate of increase in supply should be a major factor in that decision is pretty silly. Also, it’s not obvious that it’s being mined faster than it’s being eliminated due to lost keys.