Bitcoin as a deflationary currency has sustained its position as the only exit from inflation as Bitcoin continues to move above every form of resistance from the Central currency which is an inflationary tool in the hands of the government and the central banks.
Bitcoin made a 9.3% price increases against the United States dollars on the first day of October a move that happens on a day the US Department of Commerce announced the 0.3% increase in August and 3.6% over a year.
I think that bitcoin is great way to protect against inflation, because as we are seeing with the constant problems that are going on in the world the drawback of covid the governments are constantly trying the fix a problem with a solution that will heavily affect the economy on the long run, and because of how bitcoin and crypto market somewhat is independent from all of this and is backed by its own values and and people that are believing in it and being moved independently from all the assets.