So you admit that with Bitcoin, there is a way to ensure that you have 100% control over your money? Can you ensure that with traditional finance? I don't care how much regulation there is. If they don't like you, they will screw you. Who even wants to give power over to "them"? There are too many people to trust, and governments are the last people who I want looking out for my money.I her that Jamie Dimon wired $600MM out of retail customer accounts to buy a couple Gulfstreams. You may as well entrust your cash to the local bookie.
crypto is absurdly anachronistic. They only way your shit is safe is the inconvenience of cold storage or a regulated US shop. SBF decided he didn’t like being broke so be moved $600MM to his wallets over a period of 20 minutes from the most secure (sic) exchange in the world.
Please stop. Fractional banking is regulated. There is an audit trail. They buy securities and offer a guarantee.
