Many, many places that are not served by gas lines have external propane tanks now, and those are right next to the house. How would this be any different?
It also requires much smaller pressures to be useful.
Propane does not concern me. A big tank of acetylene would be of concern to insurance companies, the fire brigade and the local safety agency.
Hydrogen also has very low ignition energy, wide band of flammability (LEL to HEL), and requires usage of comparatively more expensive materials for handling.