That is if the person holds on to the Fiat for a long period of time, I can remember my father doing the same when he was young like he told me, he was able to build his first house using a savings account and it worked, he bought some properties using savings.
Things have changed a lot today though, to build a house easily now requires a good amount of money and that can be done with investments instead of savings only.
Thanks to the existence of Bitcoin and crypto, investments have never been this better, I still save money today for some reasons, like emergencies and bill settlement but I am more into investment as it gives me better positivity in returns.
I also still save, but I don't save it for a long time. If in a 3 month period I save and the savings are not disturbed then I will allocate it to invest, and then I will continue my savings and so on.
I think this is a good way for me to do it, because when I can prepare emergency funds, I can also allocate those emergency funds for investment too. So I prefer to run both because both will also be very useful. However, if we save for a very long time, of course inflation will eat up our savings.
If we are given 2 good choices, it would be good for us to do both, and this will be very beneficial for our lives, especially in financial terms.
I just heard this idea but I think this is a pretty smart idea, this is a pretty creative idea because you don't choose one of them but combine the two, like combining savings with investments where the goal is to gain profit and if you still feel safe without having any disturbances or problems by running an idea like this then of course continue friends.
Basically everyone is free in terms of choosing one of the two between saving or investing which on the other hand both also have their own level of risk, when saving then maybe the risk is as you say like being affected by inflation which will reduce the value of your money and when investing then yes the market situation is sometimes not always in our favor. of course everyone has reasons for their choices, of course everyone has their own reasons for their choices depending on their beliefs, and if you take both then maybe you should really be able to maintain and balance everything well along with you maintaining your main job so that you can still make money to be allocated to both choices.