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.
I would like to ask if in your country BTC has reached the old ATH or even the new ATH at the current price if using your local currency?
Thank you for revealing it, I didn't realize that indeed bitcoin had passed ATH with our country's currency, it turns out that if we take into account we have worse inflation than the dollar against bitcoin, which means maybe our country has more money in circulation so that inflation occurs, or whatever it is I don't really understand, but certainly the difference in the price of the dollar in 2021 and today as measured by bitcoin's ATH has a considerable difference.
Thus why FIAT is very dangerous to store wealth, they are wolves in sheep's clothing that eat the fruits of our hard work every year.