Because we all engage in risky business or dealing with hostile clients, eh?
Speak for yourself. I've got 0% chance of being sued unless I go out and hit someone with my car. (Oh yeah, I don't even have one of those right now.)
But even if you do get sued, what could be better at hiding your wealth from lawyers than bitcoin??
At any rate, we've all got an extremely large chance, if not certainty, of losing the vast majority, if not 100%, of the face value of our USD in the next decade or less.
Is this supposed to impress anyone? The government constantly lies to us about the value of those 'doalr's, as if they were even backed by something in the first place!
Do your homework, son. You sound like a fool. You have complete control over who can "trace" you to your bitcoin transactions.
Just because they aren't legal tender you call them illiquid?? There are tons of different exchanges and even local directories for your to buy and sell bitcoins on... Investors around the world are hoarding them like crazy and more than happy to take them off your hands at spot! WTF are you talking about?
I can buy and sell bitcoins on my cellphone with FAR more ease than I can send & receive $$$ from my US bank account.
Bitcoin's a grand total of 4 years old, but even after really scary news the other night about a blockchain security failure, bitcoin's value has slightly GROWN since then. If this is too risky for you then I guess you won't be happy until it's legal tender anyway.
Because those can't be stolen either?
Even if you have a 10-foot thick steel vault in the deep woods with armed guards circling it, your PrecMets are still subject to your government's outright theft. Yeah, that happened in 'Murika. But you still feel safe somehow... Sheesh.
If a burglar broke into my house and stole the computer with my wallet on it, My backup would save me. Try doing that with precious metals. Lol...
