The Brazilian Real is stronger than the Argentinian Peso, but both have fared much better than bitcoin in 2014. People who try to sell bitcoin as a way to protect one's investment from inflation should be jailed, IMHO.
Surely everybody who has a different economic opinion than yours deserves to rot in jail.....
Seems like you really can't fathom that people believe in this stuff without either being conmen or their foolish targets.
Please do tell me what you think makes a good investment from inflation. Housing, bonds, gold (I doubt you'll like gold), the Real ... ??
Anything can go down in purchasing power in the future, though the odds for that are different.
I'll agree that bitcoin is highly risky, and very volatile, but it has all the characteristics to potentially be the best store of value ever seen.
I find it weird that lots of people seem so hung up on the volatility aspect of a 'store of value'. Perhaps the term means different things for different people because the desired timeframe is different. Me, I would rather have something that bounces up and down in value 50% in a year but stays stable or increases in price on a multi-year scale versus for example the dollar which is less volatile but is almost sure to lose value in the longterm.