No chance.

I chose to use Bitcoin because its algorithm.  I would not adopt an inflationary currency unless I had to.  Any source that talks about a "deflationary spiral" is automatically discredited.

Someone needs to fix the wiki, if that is still in there.

Deflationary currencies worked for all of human history. It's inflationary currencies which haven't worked; every time they have been introduced, the result has been economic chaos.

Do you realize that inflationary currencies are very old? All human history is plagued by inflationary currencies.

Yeah, the second half of the twentieth century just, like, didn't exist.

What part of "supporting evidence" didn't you understand?

I saw nothing in that video addressing the issue of inflation, or even mentioning it. Didn't see anything in the video description either. If that's your "supporting evidence," it's quite weak.

Hand waving not necessary.

Institute a txn fee equal to 0.1% of all sends. The total volume of sends per unit time (velocity) would then be proportional to fee collection. Peg difficulty to achieve a coin generation rate equal to a fraction of total txn fee collection. Keep coin generation going forever. In the event of a fall in difficulty relative to a target trend (e.g. difficulty is set by a central planner to grow at a target of 50% year-on-year forever), destroy all coins collected using the txn fee. This causes a net reduction in money supply and serves as a credible commitment to fight price inflation. If difficulty rises faster than a target trend, distribute the txn fees to miners. In this case there is no need to fight price inflation.

This system uses very limited mining incentives compared to bitcoin. How can it keep miners honest? Require all miners to hold coins in escrow until they fulfill a mining contract with the blockchain. Cap mining returns (txn fees + coin generations) at a fixed fraction of coins held in escrow (say 1%). Release the coins from escrow six months after the miners have used up their entire mining allowance (in other words fulfilled their contract). Anyone wanting to monkey around with major hashing power would have to first establish a huge, long-term financial stake in the success of the system.

For initial distribution just grandfather in everyone currently holding bitcoins. Allow them to download a new client and require them to transfer money to new accounts within a set time limit. If they fail to do this before the deadline, then delete their money.

PS: It is true that having strong tools to fight both deflation and inflation simultaneously is difficult. Here I am just focused on the risk of price inflation which I think is the real problem.

It's wrong because it's the degradation of everybody's property. You're disgusting.

Why does it make a difference to you whether security is paid for through seignorage or txn fees? They are both taxes.

The current system looks a lot like the US gov't budget, except several orders of magnitude worse. Plenty of security expenditure today (paid for with seignorage), a promise that seignorage will decrease in the future, no credible explanation of how either where new funds will come from if this promise is kept, or, alternatively, how security expenditures will be cut.