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I would love to have a way for my bank to hold my crypto for me, with the same amount of insurances and security audits as they have for other assets. The "be
by Fredej 9y ago
I would love to have a way for my bank to hold my crypto for me, with the same amount of insurances and security audits as they have for other assets.
The "be your own bank" idea which crypto offers was one of the reasons it has taken me a while to get into it. That was something that I really didn't want.
I trust my bank living up to the task of keeping it safe and reimbursing me if they don't. I don't care about the individual coins but I do care about the value they represent and I trust that even if a bank loses a number of coins that it will not affect me. Just like if a bank vault was broken into it would not come out of my account.
- knocte 9y ago> I trust my bank living up to the task of keeping it safe... Your trust will have a cost. That's what I meant. You will pay with risk or value.