I Dont have cash for emergency cause it can be stolen and used
without any safety net.
I have a credit card I only use for emergency and if it was stolen I would
get my money back etc..
lol you might be missing the point a bit. People here are talking about an emergency the size of Texas. Armageddon. Your puny credit card will do nothing.
Obviously we are talking about different kinds of emergencies as well. A "Katrina" type event will mean that credit cards cannot be used in such an event, at least in places with The Grid down.
There are other kinds of emergencies that can be imagined...:
1) A financial collapse that leaves .gov and The Grid still up.
1a) .gov decides to get Big & Bad and seize stuff. Credit cards might then not work, nor ATMs, but CA$H would (for a while).
1b) TIME becomes a factor, the authorities might BAN taking capital (gold) out of the USA...
2) The grid goes down...
2a) CA$H might work for a short while (so BUY supplies!), credit cards & BTC would not. Then you are looking at water, Au & Ag, and ammo.
2b) If it is "the size of TX or larger" then water & food production becomes important.
The Pharmacist might want to stock up on drugs!
3) Hillary becomes president and imposes a dictatorship. Your BTC might become VERY valuable then as you can take BTC out easily...
My point being that a DIVERSITY of holdings is probably best as we do not have any idea of what could happen.