> Not much difference between a sack under the bed and a bank account if you don't tell anyone about the sack. Burglary isn't the only danger. Paper money can

> Not much difference between a sack under the bed and a bank account if you don't tell anyone about the sack. Burglary isn't the only danger. Paper money can be eaten by moths, so you probably want to vacuum seal it. That still won't keep out rats. You could lose it all in a flood, landslide, tornado, fire, or earthquake. The individual probabilities of all these events are quite low but multiplied with your all your liquid cash, the cost is unacceptably high for most people.