This is a game changer for them. Good thing, theres bitcoin to save them. Just like what peolple at Venezuela. Bitcoin owner there is really rapidly increasing. Means, its effective. And due to the fiat devaluation they are force to adapt bitcoin.
Bitcoin is indeed a good option, but I doubt that many people are actually buying themselves into Bitcoin. Poor people have other things to worry about than Bitcoin. Their first priority is to survive, and not to look at what Bitcoin can do for them. But if you're talking about the higher positioned people in terms of their financial situation, then these will be the people that look for alternatives as Bitcoin that they can use as a hedge and escape. But I think they will prefer Gold rather than Bitcoin at this point. Especially when they don't know what Bitcoin really is.
