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You can avoid having to deal with a fiat bank going insolvent by personally managing your money as cash stored under your mattress, too. But there are plenty of
by tidepod12 6y ago
You can avoid having to deal with a fiat bank going insolvent by personally managing your money as cash stored under your mattress, too. But there are plenty of reasons you wouldn't want to do that.
- sitevas35 6y agoWell that's a hell of an analogy. It's like I would receive one coin for each BTC and now had to somehow hide them in a closet lol. The real beauty about crypto currencies is that I can hide ANY amount, no matter how much with a single passphrase that I remember in my head or store somewhere in an encrypted form, or on hardware wallets. Whatever you prefer. But ultimately, you own the keys to the kingdom.