Can we call it Inflation.... well its pretty simple isn't it, the approx Earth population now is 7.5 billion and approx BTC users are relatively small no around 5.4 million users world wide (according to Quora)  That is way less than 0.5% of Earth's population 0.0720% to be exact according to figures.

Now where do you think the price will reach if users become even 1% of the whole population; of course nobody can imagine its hard to give even a ball park figure  but everyone is certain that it is going to be insane, considering supply and demand ..... Now how does inflation implies on Bitcoin I don't understand

If you are holding a 100 dollar bill for 10 years just to find out after 10 years that its worth not even a bottle of your favourite beverage ... it has devalued over time ok thats because of inflation effect

If you are holding 1 BTC for 10 years and you find out after 10 years that you can buy a villa (may be a small apartment) and your favourite car (if its not bugatti... if it is veyron keep 50 BTC aside you will be sorted) and spare some change for years and years of supplies... Thats BITCOIN