Physical Storage vs. Digital Risks: The Safer Way to Keep Funds?

Keeping funds in a fireproof mattress might seem like a safer option compared to cryptocurrency—since no American stranger can potentially steal your money just by accessing your passport! This method circumvents digital hacking risks and government interference, offering a sense of tangible security. Nonetheless, it also exposes your wealth to physical risks like theft, fire, or loss due to natural disasters. Therefore, while it avoids digital vulnerabilities, it introduces different risks that should be balanced carefully.