Replying to Avatar Tim

The only thing with cash app is it's not fdic insured... Unless you have their visa card which gives you the fdic protection.
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The Freedom People 1mo ago 💬 1

Do you really believe the FDIC could cover money if the banks fail?

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Tim 1mo ago

If one bank maybe, but I know for sure if CashApp failed I would for sure get nothing. This doesn't stop me from using it. But it gives cause to keep fiat set aside at least for good measure. If your a paycheck to paycheck person it doesn't matter anyway.