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by dmitriid 1588 days ago
> Actually you moved it from "holding your cryptocurrency" to being a bank with safety nets.

The comment I literally responded to is:

--- start quote ---

That's nice that you trust your bank. I wouldn't be so trusting. Nevertheless, if you want someone else to handle your funds for you, there are lots of reputable services that can hold your cryptocurrency with all of the guarantees you are desiring.

--- end quote ---

I didn't read the rest because it ends up in "It is up to society how it uses and enables Bitcoin and other cryptocurrencies." which has moved the goalposts so far, they are now orbiting Jupiter.

1 comments

I'm not even sure why you replied if you're not going to add anything to the conversation here. You talked about trusting your "bank" with cryptocurrency and I replied that you don't have to....your argument comparing cash to cryptocurrency is like comparing cash to property/stocks.... it was a strawman and doesn't make much sense.

The market (and you) decide to use cryptocurrency however you want, in a bank, in a wallet, or not at all. And that includes whether you think the "bank" holding your funds has enough guarantee that your funds are safe.

Good luck to you.