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RE: A Perfect Mess

in LeoFinance3 years ago

I have the feeling sooner than later the world is gonna flip into crypto once they understand they have much more control over their assets.

I agree. For example, this bank crash has the government protecting accounts for up to about 350K - how many will lose much more than that? How many losses before they look for an alternative?

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Even in that case, you can not be sure you will get 350K. Here in Spain, any bank account is covered by the government up to 100K€ in the event the bank crashes but honestly, I do not even trust that, they have never had to put that law into practice and if they ever have to do so, they can always change the law and say you can not withdraw more than a certain amount per day/week/month or whatever.