Bitcoin is often referred to as "digital gold" and is designed to have a limited supply, with a maximum cap of 21 million coins. This scarcity is one of its primary selling points and is intended to protect it from the effects of inflation that traditional fiat currencies can experience when central banks increase the money supply.
However, Bitcoin's price can still be influenced by various economic factors, including inflation expectations. If there is a widespread belief that traditional currencies are losing value due to inflation, some investors may turn to Bitcoin as a store of value, potentially driving up its price.
So, while Bitcoin itself isn't subject to inflation in the way that fiat currencies are, it can still be influenced by inflationary pressures in the broader economy. It's important to note that Bitcoin's price can be highly volatile and is influenced by a wide range of factors beyond just inflation.