Replying to my own comment, deflation isn't the worst thing that can happen to bitcoin IMO - unstable prices could be a bigger challenge. Since the market for

Replying to my own comment, deflation isn't the worst thing that can happen to bitcoin IMO - unstable prices could be a bigger challenge. Since the market for bitcoins is not regulated, it could end up subject to all manor of tricks to create panics or booms. If the price fluctuates rapidly then timing the market becomes a burden of using the currency.