you can bet your bottom dollar there are some nerds in Sri Lanka who are very happy to own bitcoin right now. they'll be able to spend it as soon as the electricity comes back up.

I think we can all agree that they'd be strictly better off with a digital dollar substitute like USDC than with Bitcoin, as of course they'd be down bad with Bitcoin.

Either lose all/most your money to inflation or risk not being able to spend money temporarily.

The big question there is whether or not their government allows businesses to operate outside of their control. I doubt many Turks would risk jail time by using a system which provides their government with a full transaction history, especially given the volatility - if you converted lira into Bitcoin a year ago, you’d be about even with not doing anything. If you bought 6 months ago, you’d have 50% losses.