Banks are also incredibly tightly regulated and your deposit is in almost all developed countries insured [1] by something like FDIC [2]. What the failing cryp

Banks are also incredibly tightly regulated and your deposit is in almost all developed countries insured [1] by something like FDIC [2]. What the failing crypto exchanges are doing is similar to you buying stock in Apple, but they figure that Wal-Mart will give a better return, so they buy that instead, and when you go to sell your Apple, they hope to pocket the difference. With the fintech variety of financial engineering on top of this. [1]: https://en.wikipedia.org/wiki/Deposit_insurance https://en.wikipedia.org/wiki/Deposit_insurance [2]: https://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corporation https://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corp...