It seems to me like the comparison needs to be tweaked a bit (long before the possible recovery via the US central bank or treasury comes into play), this was a

It seems to me like the comparison needs to be tweaked a bit (long before the possible recovery via the US central bank or treasury comes into play), this was a sort of guarantee/escrow, so let's imagine that you are told to put your 100 $20 bills into a safety deposit box, if you win the auction you give your key to the seller when you get the object, otherwise you can open the box and get your money back. Only the deposit box has a sliding plate at the bottom that may (or may not) be randomly pulled out and when/if this happens your bills will fall into a shredder. Would you make the deposit knowing how this particular box is made/managed? Or would you think that this particular kind of deposit box is flawed? Point is that you were told nothing in advance about the sliding plate and the shredder.