People don't "accept" the reduction of their purchasing power. They live with it due to lack of better alternatives. Bitcoin doesn't adequately meet the criteri

People don't "accept" the reduction of their purchasing power. They live with it due to lack of better alternatives. Bitcoin doesn't adequately meet the criteria most people have for something to be considered money, namely portability and stability. All of the existing solutions that could help it meet the requisite criteria involve some kind of centralization, therefore it is not a better alternative.