That might be true but it will not decouple as long as people are buying it today expecting a higher price tomorrow.
And with Wall Street institutions and other entities jumping in, the supply is starting to get eaten up.
This means we will see a lot less of it. The deflationary nature of Bitcoin makes is non suitable to act in the transactional capacity.
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Can you expound on the "deflationary nature"? As I understand it, deflation is the natural order and inflation is an artificially generated tool of the central banking system. As we progress in technology and goods and services become easier to produce en-masse, they should become "cheaper". Brand new innovations are more expensive at first, until new production techniques make them cheaper to make and competitors drive prices down. So, deflation should be a good thing.
Maybe I'm just not understanding how you are using the term in this context?