I think there’s a fear of deflation as we are so used to living with currencies which are, as a matter of government policy, supposed to lose value at a steady rate (2% inflation target).
One interesting view is that if Bitcoin succeeds it will give people more time to discern what to spend their money on.
Are you aware of nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe ‘s work? It gives good reasons to welcome technology’s ability to make lives better and not to fear deflation.
I personally don't think society will change in that way.
Even now, intelligent and moralistic individuals are manipulating stocks and real estate to accumulate vast wealth.
While they are engaged in social charity work, they are also unconsciously hacking harmful systems even more.
Therefore, I believe that what those who feel there is a problem with this should do is to temporarily modify the existing system to a parallel state.
I think it would be very difficult to achieve something like that, so I believe it's better to use Bitcoin to address individual issues in each region
