What a comment! You make some good points, the way I'm seeing it though is more like, we will still have some debt on a bitcoin standard, but it will be the kind that is compatible with full reserve, not fractional reserve like we have now under the fiat standard.

I also think there will be more tendency towards living humbly, but we can't say that all people will do that. Of course, people have been wanting to flaunt their wealth for thousands of years...