Bitcoin's Inflation Hedge

Every couple years in the history of Bitcoin. There's a boom bust cycle and usually it has to do with some combination of people realizing that blockchain technology is actually useful. Sometimes even not even for like Bitcoin, right? Now one of the things that propelled the price moves in the last up the most recent bull market was that a lot of central banks are experimenting with using some version of this technology to digitize fiat currency. So far this year we've had a lot of inflation and Bitcoin is way down. But as far as I can tell, so is everything else, including gold,. In fact, I saw that gold has not given back pretty much all of its post-COVID gains