Re: If inflation is rising, why isn't crypto more valuable now?
Why should they be more expensive? Is the crypt somehow connected with the world of real money, economy, trade? Why, for example, does the photo in your phone, or the view outside the window, not rise in price? 
The crypt is now still an alternative reality. Therefore, processes in the real world and in the crypto world are weakly connected with each other. Yes, at times when the crypto was expensive and there was a trend for the price to rise, it entered into an alternative "haven" for the transfer of assets, in an unstable financial situation. Now the crisis is global, and the crypt does not have the status of a "money savior", especially after a 2-fold drop in its price, and ambiguous trends
The crypt is now still an alternative reality. Therefore, processes in the real world and in the crypto world are weakly connected with each other. Yes, at times when the crypto was expensive and there was a trend for the price to rise, it entered into an alternative "haven" for the transfer of assets, in an unstable financial situation. Now the crisis is global, and the crypt does not have the status of a "money savior", especially after a 2-fold drop in its price, and ambiguous trendsIf Bitcoin is often viewed by many as "Gold's successor", then prices should go up the more Fiat loses its purchasing power through inflation. But somehow, nothing's happening as prices continue to sink like there's no tomorrow. I guess cryptocurrencies need more time to mature before they become a true alternative against the existing monetary system.
Regardless of market prices, one can still use crypto directly for cross-border payments. But in a world where everything moves around Fiat, paying for thing directly using crypto regardless of its price makes no sense. Slowly but surely, countries are adopting crypto/Blockchain tech for their own benefit so it should only be a matter of time before we become the next crypto millionaires. I'm in no hurry to see this happen as long as crypto works as intended. Just my opinion