> Yes you do. If you have the money to pay off your house, you are likely better off getting a very low interest rate mortgage (which you will be able to do as

> Yes you do. If you have the money to pay off your house, you are likely better off getting a very low interest rate mortgage (which you will be able to do as you can provide 100% security for the loan) and put your vast pile of money into a higher rate CD or similar. Or even some of it in low-medium risk index fund. Typically small net returns with long tail risks that include you losing your home. Seems like garbage advice to me. > These people are not claiming to be victims due to crypto crashing, in fact many have their entire balance with Voyager in US dollars/USDC (which I just checked, is still 1:1 with USD). They gave money to a company they did not understand. The company lost the money. As far as I can tell the company only claimed that US dollars were insured not that it really matters. > What you are saying is no different from, say, BofA declaring bankruptcy and that it wasn't actually FDIC insured so everyone has lost the money in their bank accounts; then I turn around and say that it's those people's fault as they didn't understand BofA's financials, and that the people who lost money didn't verify the FDIC insurance themselves. I sure as hell don't understand Wells Fargo's financials, and rely on them not lying about being FDIC insured. Bank of America is a very old company subject to regulation and is not suggesting anything about big returns. Hardly comparable By all means, let’s regulate companies. But let’s not pretend people aren’t accountable for validating their own investments.