Which would probably favor Bitcoin, because the market would be more hesitant to get into braindead projects or empty hypes. So higher interest rates could actually favor Bitcoin, and for sure won’t hurt it.
And so the cycle repeats. I remember back in in the 2017 bull market where people were throwing money left right and center in to every completely pointless and stupid ICO that came along. The ICO bubble burst, the whole market crashed, 99.9% of those shitcoins died and were never heard of again, and bitcoin just kept going as it always does. This time round people threw their money away on picture of monkeys, shitcoins like Luna, and scam centralized platforms like Celsius. But bitcoin will keep going as it always does.
Banks offer a stable or floating rate for your investment/deposit every 3/6/12 months.
But as you say, it can't outperform inflation, which can rapidly spiral way out of control as we are currently seeing. You might end up with more fiat than you started with, but the purchasing power of that fiat will be markedly reduced.
it may weed out the shitcoins
Let's hope so!