[demxzy]

Even in majority of developing countries, it's better to keep your money in Fiat or even USD account(where allowed) becuase you don't suddenly loose 80% in a month or two (Exceptions bring countries like Zimbabwe and Venezuela). Sure, you could loose say 20 to 30% due to fiscal adjustments due to many factors over a year, but almost everyone in your country would likely be in the same boat as you and things like PPP (for locally manufactured goods) might adjust to minimize some of the impact

[mruts]

A lot of developing countries prohibit currency exchange. For example I moved from the US to Tanzania about 6 months ago and the government has outlawed currency exchanges. There are only 2 ways to get USD: 1) the black market, which is expensive, 10% above the “fair” price 2) the National bank, which is 25% over the “fair” price.

I think BTC might be an attractive alternative here.

Moreover, by some measures, annual inflation is 7-10%. So holding the local currency is highly penalized