How does Hyper-inflation affect price of bitcoin?

[Millzp0]

Increase in demand, value and price BTC etc.
But some how there is always a conservative definition from every financial genius that inflation is occurring.

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[Quickfant]

In theory if the demand keeps on increasing then we shouldn't see too much inflation. We will see inflation when theres a lot of hype around Bitcoin which means a lot of people investing and then a few months later people sell at the hype prices and never return to Bitcoin.

Which then the bitcoin market will correct itself to a more realistic price. If the demand keeps on going through then we shouldn't see too much inflation.

[jseverson]

Bitcoin isn't tied to any fiat, so there should be no direct effects whatsoever. Crashing economies tend to create ripples though, and it wouldn't be too far-fetched to say that even a decentralized currency like Bitcoin could be affected.

It would be easy to say that Bitcoin's price will rise as citizens use it as a storage of wealth, but that assumption ignores the fact that Bitcoin is not the only storage of wealth they could use, and that certain people could not want to incur any additional risk, with their economy failing and everything. Of course, there has been a recent similar case, and while Venezuelans are using Bitcoin to avoid hyper-inflation, Bitcoin's price increase also seem to be confined to their country alone, with their exchanges charging far more than global markets. We need more data to arrive to a more conclusive answer.

[junoreactor]

Increase in demand, value and price BTC etc.
But some how there is always a conservative definition from every financial genius that inflation is occurring.

Well, what I know is that in countries with big inflations, a lot of people will be tempted to buy gold and Bitcoin.
A fiat money loses value with inflation, digital currencies becomes more valuable compared to fiat ones.
What's interesting with cryptos is that they are strictly finite, and because they are finite, inflation does not apply to them, quite the opposite, they are deflationary. Hence the massive rise of Bitcoin price lately? Think about it...