While that is true, forgoing security for convenience isn't worth it. With every digital currency comes prerequisites and vulnerabilities: 1. You must have a power source. 2. You must have a communications network. 3. You must be in range of the network. 4. You must have and maintain a device to connect to the network. 5. You must put full trust not just in the software for the currency but also the operating system of the device and any applications installed on the device. 6. You must put full trust in the developer of the device that they did not include any hardware backdoor. 7. You are always at risk of zero day exploits on your device, the power grid and communications network. 8. You are always at risk of losing your wallet due to hardware or software failure. For the first point you must realize more and more positions are being filled due to diversity in lieu of meritocracy including positions pertaining to basic infrastructure. Second point, you must also put full trust in your ISP that they don't simply block a port range either from their own doing or government intervention. Fourth point, phones or computers are fairly easy to geolocate just based on what networks they are around if they don't simply have a GPS chip built in. There are workarounds for most of these but keep in mind they are patches for vulnerabilities that should not exist in a currency to begin with.