I've heard it, and I don't take it too seriously: adjustments are as adjustments do. A fiat currency like the US dollar seems to be getting the worst of both worlds - vulnerability to pathologies like hyperinflation, and yet, the Fed won't loosen money despite inflation expectations that verge on zero or negative. What's the point, then?
Gotcha, I guess it depends on what you're comparing bitcoin to.
Though bitcoin will generally be in constant deflation at a bit less than the rate of economic growth. Some people think that would be bad, though I personally don't have a strong opinion about that.
Less Wrong used to like Bitcoin before it was cool. Monthly threads popped up around the same time a pricing bubble brought mainstream attention last year. When the bubble popped, and price continued to deflate, discussion on this site stopped entirely. Was there a change of sign in the social status of the topic, is the topic fully explored, or has there simply happened nothing of interest over the last year?
If you are not familiar with Bitcoin, here is one intro I happen to like.
Kaj Sotala lists a number of previous threads on the topic:
Less Wrong seems like a good place to discuss recent developments, if one does not want to suffer the inanity of the officially unofficial forum. If you are not longer interested in Bitcoin, perhaps send your remaining balance to the Singularity Institute?