It's been so volatile, with the prices dependent entirely on hype regarding adoption, so there is certainly no conclusion at all to be made about deflationary c

It's been so volatile, with the prices dependent entirely on hype regarding adoption, so there is certainly no conclusion at all to be made about deflationary currency - the impact of inflation on prices is essentially negligible compared to other factors. It also remains to be seen if the hype cycles will continue, because it hasn't been long since the last one. Adoption as a payment method has likewise been dominated by regulation and expectation about hype cycles affecting the price. I can't see why any of that would be different if the narrative differed to not include deflation. As long as it's new tech and a new unit of value to distribute, this is what you get