It's a hedge. Like anything other hedge it's not bulletproof. I'm blessed to live in a country that has sound monetary policy (you do too probably). But there are millions (if not billions) of people who don't. Crypto offers a way to avoid capital controls when governments fail. It's not the crypto itself, its just the most convenient way. See: https://restofworld.org/2021/the-cryptocurrency-dons-of-beir...