These are good points, and I think it's important to consider the worst case scenarios, because history does prove that the unexpected can happen in politics.

These are good points, and I think it's important to consider the worst case scenarios, because history does prove that the unexpected can happen in politics. I only challenged the point, because even a 30% haircut seems better to me than the inherent volatility, price manipulation by shady exchanges, difficulty and risk of storing safely, lack of recuse in case of theft and key loss seem like bigger threats for most people than those from banks and governments (especially in the west) when considering a long term store of value.