Bitcoin's market price can fall dramatically, even while inflation is high. Research and financial institutions have noted that Bitcoin's relationship with inflation is not strong enough to call it a reliable inflation hedge.
That's a fair point, and it's justified economically. Ideally, all good investments are supposed to shield people from inflation, no matter how little. And in the case of Bitcoin, it did it well, but Bitcoin's price is now expensive. You can't compare how it would shield people who bought it at $50 against inflation with those people who bought it above $100,000. We should be realistic.
Besides, renown authors like Benjamin Cowen, Michael Harris, etc had postulated the diminishing returns in Bitcoin, which is more feasible now, and would increase as the price grows. Some countries inflation is so bad to the point of 10x in 10 years or so, but let's just say 5x in 10 years. At current levels of about $80,000, do you think Bitcoin would be $800,000 in 10 years? If you say yes, then you are a dreamer.
