What we are moving into is not a world with one cryptocurrency that is hoarded or inflated - but rather a world of many many cryptocurrencies where people will

What we are moving into is not a world with one cryptocurrency that is hoarded or inflated - but rather a world of many many cryptocurrencies where people will move from one to another adjusting to the circumstances. There will be the 'lateral inflation' in creation of new cryptocurrencies. When the old ones become stuck into the deflation spiral - new currencies will be used eventually unstucking the old ones, by making them less attractive. I have not looked into the details - but Ripple looks like hitting the nail on the head.