That's a very good question that you have asked! I agree with you that people have priorities and probably selling some of their cryptos to pay the bills... But, on the other side, they keep money in the bank rather than crypto... The only explanation for that, IMO, is that they aren't educated enough about cryptocurrencies and that's something that we should work on... We should show people, on our own examples, what crypto is, how it works, and why it IS a hedge against inflation...
But, we know that old one... In any investment, people are mostly LATE, and less than 5% of people do earn and profit... I suppose that 5% aren't selling their crypto at the moment, but rather buying...
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RE: Is inflation a trigger to push more people to adopt cryptocurrencies or on the contrary makes them move further away? // ¿Es la inflación un factor que empuja a más personas a adoptar las criptomonedas o, por el contrario, las aleja? (ENG-ESP)