Here is my reasoning for not investing in Bit Coin, we just saw the people in Texas with the power out and no access to the internet they had no access to their Bit Coin and if the internet goes down for any length of time the rest have no acess and what if the internet stops you from acessing your accounts or a virus gets into it or and we know this can happen just look at the 2020 election your account gets hacked? You loose everything ! I want something I can access no matter what happens.
@VitoG
You're right but when I was thinking about this, I realized my assets in the bank are just as digital as BTC; they are also inaccessible if we have no power. I'm not especially interested in investing with Bit Coin, but I'm starting to think keeping some as another portion of my portfolio. As a form of diversification. I might buy some, but will wait for a pull back in the market; it's so high right now.
I think it's prudent to have some physical money and perhaps metals at hand for a crisis. You just don't want all your eggs in one basket.
