Dollars can be embezzled or stolen by “brute force”. We’re learning that, if you have enough to matter, you want your money in more than one form and more than one location.
So that one bad bank, one stock market crash, one bad lawsuit, one hostile government, one burglar doesn’t wipe you out.
“Dollars can be embezzled ... “
He knows all about that.
https://www.reuters.com/article/markets/us/ex-trader-armstrong-sentenced-to-5-years-idUSN10425035/
“you want your money in more than one form and more than one location. So that one bad bank, one stock market crash, one bad lawsuit, one hostile government, one burglar doesn’t wipe you out.”
He knows all about that.
https://caselaw.findlaw.com/court/us-2nd-circuit/1084705.html