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Because people have faith in handing out their money, which is much the same thing. The concept of a bank or exchange literally running away with your money is
by vertex-four 13y ago
Because people have faith in handing out their money, which is much the same thing. The concept of a bank or exchange literally running away with your money is not a thing which happens to most people.
- john_b 13y agoExcept deposits are insured up to a cap that most people never exceed. MtGox offered nothing remotely comparable.