I hear so many disparate opinions about Bitcoin economy that I don't consider them anymore. The classic counter argument to this one is that hardware is consta

I hear so many disparate opinions about Bitcoin economy that I don't consider them anymore. The classic counter argument to this one is that hardware is constantly improving and still people buy hardware even though everyone knows that in 6 months with the same money you can buy something better. And another one is that Bitcoin is so divisible that deflation is not a problem. In the end, Economics involves the behavior of people acting on free will. How anyone can attempt how people are going to behave with respect to something? If anyone could predict what society is going to value in the future, or how people will react to some new technology would he be writing blog posts about what is going to fail? Has there been anything remotely similar to the Bitcoin now in history? I don't know whether deflation is good or bad but I consider the potential advantages of a deflationary currency, if it works, worth trying it. Why not, nobody is being forced to get into Bitcoins. If you don't like it, ignore it and move along.