3 ms·
Amount of losses due to depositary institution failure since 1934: $0. This is a rather good record compared to bitcoin.
by nerfhammer 13y ago
Amount of losses due to depositary institution failure since 1934:
$0.
This is a rather good record compared to bitcoin.
- BlackDeath3 13y agoAmount of losses of Bitcoin since 2015: 0 BTC. Not bad!
- Eliezer 13y agoWhaaa? Deposits over $100K (now $250K) were uninsured.
- Guvante 13y agoThey guarantee up to that amount but so far have been covering the full amount due to the negligible difference overall IIRC.
- kordless 13y agoAssuming I can go global, here's an example where you are wrong: http://inequality.org/great-cyprus-bank-robbery/ http://inequality.org/great-cyprus-bank-robbery/. I'm pretty sure Goldman Sachs got their asses bailed out as well by the taxpayers. You shouldn't play a shell game with the money and say then say there are "zero losses", but people do. It's called cognitive dissonance and it sucks.