[beeflet]

you are losing a lot of value to inflation to support that much liquidity

[whythre]

This mindset can only be born of stability. If your country descends into chaos, having money on hand is better than having money in a bank, and therefore, not on hand.

[Loughla]

Silver coins is my bet. I'm not a prepper by any means, but I always keep some silver on hand. If nothing else, they make good gifts for kids. They feel like little pirates when you give them silver coins.

[fooker]

If you live in an unstable situation this 5-10% downside per year can end up saving the lives of you and your family.

Almost everyone I know if fairly stable third world countries keep about half a month of expenses in cash even after digital payments are predominant.

[llm_trw]

I'm alive because my father did the same. How much value is your life worth?