everythingxbtc on Nostr: It is often said that bitcoin is "deflationary" as opposed to having inflation, but ...

It is often said that bitcoin is "deflationary" as opposed to having inflation, but isn't it more accurate to say that it is "disinflationary"?

Deflationary means that it experiences deflation: the total amount of supply is reducing.

Instead bitcoin has an ever reducing inflation rate up until the point the last satoshi is mined, at which point it has no inherent inflation or deflation: its issuance rate is zero.

One could argue, without a new supply, loss of access to addresses (loss of coins) would result in a loss of total supply, but that is external to bitcoin itself.

It is important to make these distinctions, because I have heard it argued that bitcoin being deflationary is dangerous and eventualizes to centrality of ownership, which I would lean to agree if that were the case, but it is not.

Am I wrong about this?