I’m not a fiat billionaire but I’d love to know what “banking” and money management looks like for them… I’d imagine a lot is tied up in assets and investments but I’m pretty sure it’s different to the £3000 daily cash deposit limits set for the plebs…
Discussion
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I figure most never touch physical cash, and money management tools consist of phone calls, maybe a text message
I’d just struggle (if I wasn’t a bitcoiner) with the systemic risk of holding a decent amount of FIAT in any one bank. Even with it spread across a group of them it would keep me up at night. Everything would be about derisking value stores…. Ugh.