if everybody's sitting around doing that it will slow down progress and that deflationary number will shrink
Discussion
No because the frivolous rat race style make-work to keep up with inflation will give way to things we have lost like single income households.
hope so
Scarcity of the money leads to abundance of everything else.
The willingness of saving the medium exchange as a store of value will simply reduce the number of sats that account for the output of the economy. The incentive to get the deflationary money if you are a human actor or robot/ai will be incredibly high in the short term, you must contribute to bring the cost of production down to do this in a fair economic system.
After you have some sats you buy according to incentives from within rather than ones imposed via inflation. Your consumption will not include unnecessary fiat crap to fill a garage with and will further bring down prices.
We have invested for thousands of years trying to get a return on that investment that will exceed the increase in prices over time. Having a form of capital that does not diminish in value is something that we have never had before. Everything drops to utility value against Bitcoin, because the hunt for ROI no longer makes sense. We are not there yet, but when adoption reaches 50%, it will be a whole new world.