> Is that any more annoying or any more inconvenient than having your hard-earned savings devalued by your government? I wouldn't recommend holding fiat curren

> Is that any more annoying or any more inconvenient than having your hard-earned savings devalued by your government? I wouldn't recommend holding fiat currency as savings, except for perhaps 2-3 months of salary equivalent in case of emergencies. The rest should be stored in other assets based on your risk profile. But it is currently a fact of life that we must exchange our cryptocurrency for fiat if we want to buy goods and services most places. While the number of merchants accepting bitcoin is growing, it's still quite small compared to the number of merchants who take local currency.