I don't believe that this is the case. Anyone who has enough dollars to matter does not keep their wealth in currency they use their dollars to buy real property, debt or equity, the value of which has been demonstrated to rise at a rate greater than inflation. Anyone with millions of dollars of cash has billions of dollars of real estate, gold and stocks. Many of them probably have millions of dollars' worth of bitcoin as well. Even someone with a few tens of thousands of dollars would be silly to keep it all in cash. Does anyone really do that? A lot of people, there biggest asset is their house. That is real property not cash. It grows at a rate greater that the rate of inflation.

TEK