Comment by qnr

This is blatantly untrue. Venezuelan bolivar has lost 100% of its value (within a rounding error) - current exchange rate is something like 800 trillion of old bolivars to USD. Argentine peso is doing somewhat better than bitcoin this year, only losing 40%, but you don't have to go far back for it to become much, much worse. In the entire history of bitcoin there are very few periods when you'd come out on top holding argentine pesos rather than bitcoins.