Comment by jamesmurray

True, but these aren’t conventionally poor but could basically include you and I (assuming you are in the vast majority of the population who relies on labor income and not tied to the ruling class) if we were wiped out by an economic calamity. This is because of how extreme Venezuela’s slide has been.

Secondly, hyperflation seems to incentivize this: even the median crypto currency is going to be a better bet than the nominal currency.