[ric2b]

2008 was barely a decade ago but if that comment made you feel smart good for you.

Plus this argument is ignoring that the way the banking system is protected from such failures is with taxpayer money, so you still end up losing some of it.

[mrgordon]

Sure but one bank went under in 2008 versus how many crypto exchanges that stole or “lost” deposits since then? The scale of issues is not even the same order of magnitude, likely at least 100 to 1 given how many banks there are and how many crypto scams there have been