Hacker News new | ask | show | jobs
by duke_sam 5525 days ago
The problem with the market judging is a bank is worth your money or not is that by the time everybody decides that bank X is going under it's probably too late to get your money out (e.g. a run on the bank). This is why we have the FDIC.
1 comments

then use bitcoin. no money to get out it only takes a few minutes.