Just for the diversification is interesting enough to keep part of your wealth in crypto the same way it is savvy to have two income sources for a family when possible.
I also believe there is an additional benefit to having some wealth in crypto which sometimes is not remembered, it is your ability to take your investments with you wherever you go. That is something you can not do easily with fiat wealth, even if it is cash (you are not allowed to travel with more than $10K) or bank holdings.
Fiat has become a system of control, just try to withdraw $3K from your bank account and you will realize how many questions you will be required to answer. Your privacy is gone for any transaction coming or going into any financial institution. Keeping your privacy plus the ability to move anywhere with no barriers is an amazing asset.
A massive point. If at certain points in history this was possible, history would look very, very different. I think there are some old posts of mine that might dive into this :)
It is only going to get worse, whilst the visibility on governments, companies and financial institutions get worse. There is a massive asymmetry.
Is your privacy not gone by transacting on public blockchains like Hive, BTC, ETH, etc?
Depends how it is set up - but full privacy is very difficult.
in a way, it is, as everything is registered on-chain, but you do not have to link your identity to any of your accounts, you can use several accounts for different purposes, use a VPN to connect from different IPs, etc.
So although anyone can check your wallet and know your assets and transactions, you have no way to directly contact the owner if he/she wants to stay anonymous as there is no email, phone, or anything to directly establish contact unless he/she wants to do so.
That's the case now... but I assume we're only one corporate breach away from linking people to their BTC wallets.