🤡 Storing your #Bitcoin with a fractional reserve bank is about as risky as it gets.
When the system cracks, you could get rugged hard—and don’t be surprised if the #Fed dollarizes your claim, just like in a Chapter 11 bankruptcy.
Don’t be that person in a black swan event. 🦢
A banking system that is accustomed to the fiat safety net, will walk negligently and arrogantly into a a disaster.
I could imagine a scenario where an entity fucks up the key management, causing liquidity freeze up and chaos. Who ever holds the keys holds the coins and the paper leverage will expose those playing fiat games in a bitcoin world.
Yes and get multiple self storing options.
Thoughts about #WBTM?
