Inflation in my country shows a big gap with the dollar, when bitcoin touches the price level of $64k, ATH 2021 has been touched by our country's currency which is IDR 980 million / rounded up 1M, while in 2021 the value of the Dollar equivalent to my country's Rupiah is approximately $69k to get the amount of 980 million / 1M. Here it is clear that for 2-3 years we have experienced much crazier inflation, with a difference of $5k. That's heartbreaking to me, and luckily I kept most of my savings in BTC, and today it's getting a much better price increase, and it's enough for me to spend a year with my family if I sell it.
Although I have never personally experienced the experience of Bitcoin reaching its last ATH which occurred several years ago, I noticed that Bitcoin is very different when used as a store of value asset.
My observation is that savings made in the form of Bitcoin will be very good even though the price fluctuates.
When it was at $64k, at the current exchange rate with our local currency, then we had already reached the previous ATH, let alone the price of $67k that Bitcoin reached today. Really Bitcoin investors are already celebrating.
However, I don't want to overdo it in comparing the value of the local currency between our country and other countries because the actual situation must be acknowledged.
I want to say that someone's savings situation is different. I don't have much savings because I still live alone. From this experience a conclusion can be drawn that saving savings in the form of fiat money is not a good action.