|
|
|
|
|
|
by Ace_Archer
1486 days ago
|
|
|
I... dont think I like this positioning itself as a replacement for a traditional, consumer bank account. It's mentioned that your money is _not_ FDIC Insured, and is not subject to FDIC/SPIC protections [1][2]. Looking at /marketing it being an alternative investment avenue is one thing, but imo positioning as a consumer bank replacement that has no standard bank protections, and hardly mentions the fact that your money is being converted into crypto/investments on it's homepage [3] is sketchy at best. 1. https://www.pebble.us/service/terms CTRL+F `FDIC` 2. https://www.pebble.us/learn-articles/looking-at-fdic-insuran... 3. https://www.pebble.us/ The _only_ mention of the fact that this is investing money is a brief point towards the bottom of the page, saying "Supercharge your paycheck with full or fractional direct deposits, and reach your financial goals faster." Which still only hints (in the perspective of an average consumer) that their money is being invested and backed in crypto. |
|
|