> If I could just own digital money directly, FDIC insurance wouldn't make any sense. What am I being insured against?? Somebody transferring your coins withou

> If I could just own digital money directly, FDIC insurance wouldn't make any sense. What am I being insured against?? Somebody transferring your coins without your authorization/desire? The existing system also has reversible transactions which is actually very desirable if you've ever bought anything online.