Both views are right.
Starting from the "everything is "inflating" in supply because optimization of production. And everything have a different inflation rate in the market
nostr:npub13j8z3jsnyj70xewlw3r9dp4kv5dl0ccftv2x7fyl3v7v3zy76apqdzppfu define more of what the term "inflation" is. The difference between one metric and another.
nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u point more the attention on the inflation of money as a product, it's overproduction compared to market cause it's own devaluation.
Bitcoin have inflation "in supply".
But deflation "on the market".
nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u point more on what people don't get watching trough"market arbitrage" to the cause.
nostr:npub13j8z3jsnyj70xewlw3r9dp4kv5dl0ccftv2x7fyl3v7v3zy76apqdzppfu while more on point, tend to bee deluted