Is a Moses basket essential?

Bonnie
Just a quick question! 
Me and my SO were writing our to do list yesterday and of course we wrote a crib and a Moses basket. I read somewhere that a Moses basket was just an "easier" way of the baby being in your room. Could the crib be in our room for the first period or is it more of a better sleeping arrangement/ safer for the baby being in the Moses basket? Thanks in advance!