Among the thousand reasons that may exist, to answer the question in the title of this post.

I come across this very particular example.

What we see here is a wooden house in an urban area of Lima, Peru. This house was rebuilt very recently after suffering a fire, losing everything.

This wooden building was provided by the government. These people come from another region of the country. They sold their land and moved to the capital. The woman affected by the accident told the journalists who attended the scene that she kept approximately 17,000 soles left in her house from the money she brought from her home. Obviously, that money also burned with the old house.

From my perspective, I think that perhaps knowing about Bitcoin would have made a big difference in how they stored their wealth (their money), and when the house accident happened, perhaps they wouldn't have lost all of their assets by having some in cryptographic Bitcoin.

Although this opens up another issue: "self-custody."

If you don't have a system designed for the possibility of a fire, it's useless if you had Bitcoin and your backups were on paper inside the house. Along with the Fiat, the private keys will also burn.

These kinds of things are what make Bitcoin so interesting, although for many, this is a challenge and difficult to manage. They're the kinds of things that keep my brain working and thinking every day. Learning more is the only possible route to being truly secure, and Bitcoin is the only route to being totally free.

Thanks for reading 💪🤠🍊⚡ keep stacking and eliminate the noise 🔕 🍊⚡