Very interesting graphs. I hadn't realised the lira was fledgling that badly. I imagine Venezuela is even more dramatic than what Argentina have been through.
Cryptos now may be a better store of value that some currencies but to be fair in some cryptos such as vertcoin, if people accumulated some before Christmas, their unrealized (if still HODLing strong) loss on some of their purchases as of now could be 80-90%, for example on vertcoin. still vertcoin has the potential for a long term hold whereas argentinian peso probably isn't going to regain much vs the USD. top 10 cryptos obviously are better stores of value than vertcoin but short term cryptos could have another 50% to go before turning around.
Yeah, Venezuela is a full-blown crisis and the currency is all but worthless now. It's tricky buying on dips because the bottom could be very far away.
I recall reading that bitcoin was the preferred mean of transacting in Argentina as the currency plummeted. Good thing about some crypto is the limited supply.