[NoblePublius]

There is some value in having assets immune to inflationary money printing; indeed there are countless examples of such assets available for purchase such as stocks and real estate. My question remains: why is risk of permanently losing your money worth the alleged benefits of crypto? I am willing to accept 2% fees from Amex built into my purchases because such purchases are insured against fraud and deceptive business practice. Crypto provides none of that but it does provide a substantial non-zero risk of permanently losing access to your money because you forgot your password or lost your coke storage.

[kragen]

Stocks and real estate also pose a risk of permanently losing your money; for example, the company might go bankrupt, the real estate might be expropriated via adverse possession, or the government might freeze trade in the market until after you die, as has happened in a large number of cases since the Russian invasion of Ukraine. Even without government freezes, Ukrainian refugees whose savings were invested in Ukrainian real estate cannot spend them now (they are illiquid) and may lose them.

I recommend not storing your password with your coke.