The only thing you accomplish with bitcoin is wasting electricity and making global warming worse. Please stop destroying the planet.
Most people don't want to live in the wild west, that is a fact, and that's why the wild west went out of existence. There will always be some people who want to live dangerously / adventurously, but their experiences and preferences do not generalize to the entire population.
Also, there is no distinction between "money" and "Bitcoin". Bitcoin is just another currency like USD, euros, yens, etc. It's people's choice all over the world in what currency to keep their money in a "bank".
bitcoin has answer for these undeniable flaws; and besides.. no one is saying that "the entire population" needs to do anything. bitcoin can (and at this point, almost certainly will) exist right along side all these "real" monies you refer to; and people can choose, or not, to use bitcoin (and part of what is appealing to me, and likely others.. is that regardless of what any laws say, I can still "choose" to use bitcoin even if some jurisdiction delclares it illegal--unlike fiat.. where if the government decides i shouldn't have access to my money they can simply shut me down with zero recourse if the courts (or despots, depending on jurisdiction) don't see my side.
I think you meant inflated.
If you want to mess around with Bitcoin, awesome, but please don't see it as more than it is: a toy for the privileged.
That has to be the worst argument against Bitcoin I have ever seen. Why stop at the planet, you could have said "Please stop destroying the known universe", that would have made just as much sense.
We do plenty of this already with conventional currencies (micro-trading algorithms for stocks and currency speculation, for instance). Doesn't make either okay, just want to maintain perspective.
I'm not going to claim that BTC is good or evil, but it's for damn sure both disruptive and interesting. I think we'll also have gold and petro-dollars for quite some time, though.