Banks keep users' money for business and profit. If there is a risk, the user must bear the damage. It's unfair, but that's life.
Crypto...1st!!!
https://watcher.guru/news/silicon-valley-bank-collapse-leaves-over-200-uk-firms-unable-to-pay-staff
Posted via D.Buzz
If the user will bear the damage and loss then why should we keep our money in the bank?
We already keep our money in the bank to protect it from thieves.
I do not agree with this idea.
Posted via D.Buzz
You keep your money in the bank to avoid thieves. And there are some banks that are thieves. I'm not saying you shouldn't keep money in the bank. I said the banks make money from users, they can create risks from their investments and users bear the consequences.
Posted via D.Buzz
Oh ok, I misunderstood. I am sorry. 😀
I think you are right.
Posted via D.Buzz