Future non[1]-inflation has the interesting effect of making future scarcity inflate current pre-scarcity demand. Getting on the bandwagon with investments or datafarm mining (or nefarious hacking of one or other sort) essentially hyperinflates
before the controls (increasingly) control the end-value.
It's a different inflation to the "we can always print more money" one (because everyone knows/should know that
less more money will be printed, vs. the wheelbarrows-of-wads-to-buy-today's-bread situation), but it also puts off anything
but saving (and accumulating when you can) thus making Bitcoin/etc purchases for tangible products/viable services ever less realistic
until the hype crashes.
I wouldn't call it "deflation", because it's still a commodity, and the currencies used to buy the commodity aren't themselves (notably) hyperinflating, even though they clearly are like Weimar cash vs the Dollar/etc . It's whatever you'd call the Tulip Mania/South Sea Bubble hypes, while they were still hyping.
Maybe it'll be better once it becomes more like land-investment ("...they aint making it any more!") or antiquities buying where it, generally, makes for a safe-ish sink for sufficiently surplus real-world monies, but with a more trivial bartering system built in[2].
Recently, on the subject,
this man popped into the news again. Or maybe it is a new one, but there was definitely a similar quest made by someone else a few years ago. Could be different, as I think that other one was
actually digging in the recently dumped area (unhindered/trivially aided by the site workers) for his drive. - What annoys me most of all, is that someone(s) dumped a
workable HDD, without any attempt at recycle, re-use or even securely wiping/physically wrecking it before recklessly (as well as erroneously) landfilling.
Sorry, mixed bag this post. But maybe some additional Tech/etc stuff beyond finance/movies.
[1] Or increasingly restricted, anyhoo
[2] ISTR a 'near future' sci-fi show, maybe 10+years ago, was one of those "unusually decent human cop chosen[3] to partner the very latest human-looking robot-cop" plots and it features 'bitcoin wallet' devices where people routinely 'fistbumped' them[4] to exchange petty payments, in leiu of dollar-cash/-transfers for some future "we have robots but physical currencies have tanked" reasons. Possibly it was a standard half-apocalypse. Lighter than Blade Runner/Dark Angel. Just enough grit to be gritty, yet robotics had improved well past Boston Dynamics level, but still Chappie-like rather than Humans/Terminator, until
this prototype.
[3] I think it was more others trying to get the experiment to fail, and part punishment by those above not
quite so squeaky-clean in their coppishness. There was a general Elijah Bailey/R. Daneel Olivaw vibe to it, naturally.
[4] Not sure how they 'dialled' the quantities. That film with functional immortality but made Logans Run through a time-as-currency thing with Justin Timberlake later used the length of the arm-grasp relate to the transfer quantity (and relative attitude perhaps also affect the rate, as well as the direction). Probably this thing's fist-bumpers had thumb-operated microcontrols to allow presets to be activated as well as whatever biometrics/etc gave it its N-factor authentication tying the thing to its rightful owner