Spoken like a true student of Bernanke. Macroprudential, right?
You're not describing adoption, you're describing a Ponzi.
I am majoring in economics at university of Helsinki in the faculty of Social Sciences (valtiotieteellinen tiedekunta). It is quite hard to get in there. I think fiat money system's advantages surpasses its disadvantages as long as the inflation is in control. Debt based system is not good one but fiat system is since it forces people buying right now instead of waiting eternally. Those who want to save money can do it in gold or silver, fiat money is not the right tool for it at least for more than a few years generally. Economy needs small inflation in order to function. On the other hand, if the inflation is too high it is also problematic. ECB targets 2 % inflation which is optimal in my opinion (not too high but not too low neither).
It is well-known fact that crypto is a pyramid but to say it is ponzi is not legit IMO.
All I said, the price of xmr should go up which encourages people buying the coin and thus increases the marketcap.
If the price is in bearish trend, it is rational to postpone the buys and if the price is going up it is rational to buy immediately.
The challenge is to find the exact rate of emission which goes along with the pace of adoption. Ideally the emission should be a little lower than the adotion rate since some long term bagholders might want to sell and it shouldn't cause volatility too much ideally so there should be constant shortage of the coins in the market in order to keep the marketcap rising.
Also, there is no incentive to dump coins if the coin price is rising steadily because of the opportunity cost of loosing some of the gains.
Interesting theory.
I typically do the opposite so it is reassuring that I will have lots of students at your school on the opposite side of my trades.
I tend to buy more when the price is low and less when it is going up.
Sometimes I might even sell a few if the price goes up higher than I think it should be.