Deflation may prevent Bitcoin from replacing all government fiat currencies, but I don't think it has much impact on Bitcoin becoming a popular form of payments

Deflation may prevent Bitcoin from replacing all government fiat currencies, but I don't think it has much impact on Bitcoin becoming a popular form of payments / transfer / store of wealth. Some Bitcoin proponents would be disappointed by that prospect, but I think it would still be a big win. It likely means several orders of magnitude difference in price, but in either case the price would go up significantly.