You're confusing "devaluation" with "deflation". It's a "deflationary" proof, meaning the quantity of Bitcoins is formulaically scarce. Meaning their value can'

You're confusing "devaluation" with "deflation". It's a "deflationary" proof, meaning the quantity of Bitcoins is formulaically scarce. Meaning their value can't be torpedoed by massive paper infusions from central banks. Value is not intrinsic, it's what someone is willing to pay.