1. Well I don't want the current system to collapse (just yet) - Bitcoin needs more time to mature and scale. FDIC provides stability to this system.
2. They are funded by member banks fees - not tax payers.
Why shouldn't they exist?
No, chaos is not a pit it's a ladder
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I don't know what that means 🤷♂️
You haven't seen GOT
Nope
Highly recommend it