Bitcoin was not designed to be a hedge against inflation, but the concept has gradually evolved due to its limited supply. When we compare available currencies, we only have fiat and Bitcoin. And, because fiat is unlimited and rapidly losing purchasing power, it is natural for people to seek refuge in Bitcoin and feel confident that their Bitcoin money will not lose purchasing power over time because no one can add more supply of it.
People have different opinions about Bitcoin like manipulated market, scam, Ponzi scheme, a sort of investment, and currency. And having to listen to people talking about Bitcoin, the more it gains interest and curiosity in the community making them as well to try. Now, they realized that some people are talking right while the majority had misconceptions, and misunderstandings about its behavior.
Apparently, it was the choice of the people to invest in Bitcoin, and not the thing to blame when there is a decrease in the potential value of fiat money.