Regardless of what fluid you use air along with moisture is introduced through the master cylinder vent system made into the cap. Read reply #6 for general conscience and best usage per driving style.
This introduction of "air along with moisture" issue can be addressed
on non-driven cars should a person wish to do an undetectable modification to the cap.
I mention "non-driven" because of a very slight issue of safety and any related liabilities associated with the nature of any potential of an "accident" caused because of brake failure and how lawyers look for loopholes to assign blame. This "modification" could actually be done to "driven" examples too but for reasons stated already, perhaps not such a great idea.
So, how does the moisture get past the cap? Through the vents designed in the cap, right? Why are the vents needed then? Because of FLUID DISPLACEMENT, right? Where does the fluid go? Leaks? Not likely on a show car, right? Displacement into the wheel cylinders or calipers when braking is temporary and as soon as the brakes are released, returns to the Master cylinder, right? So why the REQUIREMENT of the vents? Easy answer is so that a vacuum does not develope within the master cylinder and by nature, air will seap in by ANY means possible and that is obviously worse than any introduction of moisture. Hence, the vents were designed to remove ANY CHANCE of this air entering in (air entering in past the wheel cylinder seals or the master cylinder piston-end seals are a few examples of "where" air can enter in that come to mind). A "Trailer Queen" would not likely ever see such a condition while a driven car has a POSSIBILTY only so this "idea", by default has flaws in it. Then you add the very fact that none of us will live forever and the car will one day be sold so even a "trailer queen" could one day be driven. Basically, the master cylinder cap has a diaphams that allows for the NORMAL displacement but if a leak were to occur anywhere in the system at all, if the diaphams was fully extended, it COULD cause a brake failure that MIGHT not have happened if the cap was designed to vent air into the reservoir....hence the vents.
Clear as mud? If you are worried about moisture getting in, you could consider this idea to modify your cap regardless WHAT fluid you choose. Most of us are not likely to do this but it can be done. Just an idea.