Global Feed Post Login
Replying to Avatar ₿logging₿itcoin

It's my emergency fund.

My wife likes to have her check deposited to bank of america.

I think this bank is insolvent.

I like to keep access to 5,000,000 sats in case something goes wrong with the bank and I can't get access to the fiat to pay our mortgage.

When that amount exceeds a 3 month emergency fund, I'll make I'll send more to cold storage.

Avatar
unit 1y ago

Exactly

Better to have access and not need it, than to need it and not have access to it

Reply to this note

Please Login to reply.

Discussion

No replies yet.