> But in countries with high inflation, such as mine, you will lose money if all your wealth is stored as fiat That's also the case in countries with low infla

> But in countries with high inflation, such as mine, you will lose money if all your wealth is stored as fiat That's also the case in countries with low inflation. That's why, in the US, wealthy people don't stuff cash in mattresses, or keep most of their wealth in general bank accounts. They buy stocks, bonds, real estate, ect. This is also why, in the US, investment vehicles like 401ks and IRAs are highly encouraged.