Not at all, you know why? Because everyone talks about BTC relative to some other currency.

The very topic of this post "Bitcoin breaks above $20k or $20,000 USD / BTC". How can something that can only be quoted in terms of another currency be inflation resistant?

It doesn't matter if it's priced incorrectly and because of the scale of manipulation being carried out by Tether and probably other large actors cooperating to influence price, btc cannot be priced correctly.

The pricing mechanism for crypto is always going to be screwed by PoW, I think, because it naturally concentrates power into the hands of a few that can coordinate relatively easily.