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Is Bitcoin safer than a bank?
Posted by: Question for Group ()
Date: March 10, 2023 09:00PM

Seems like it could be.

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Re: Is Bitcoin safer than a bank?
Posted by: Wells Fargo and bank of America ()
Date: March 10, 2023 09:06PM

People's money is missing from Wells Fargo Bank. Same shit that just happened with BOA not too long ago. Get your money out of the bank. Shit is going to hit the fan soon.

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Re: Is Bitcoin safer than a bank?
Posted by: Watcherman ()
Date: March 10, 2023 09:26PM

Wells Fargo and bank of America Wrote:
-------------------------------------------------------
> People's money is missing from Wells Fargo Bank.
> Same shit that just happened with BOA not too long
> ago. Get your money out of the bank. Shit is going
> to hit the fan soon.

Ever heard of a bank called Silicon Valley Bank? The entire bank has gone tits up. Money all gone for anything over FDIC insurance limit.

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Re: Is Bitcoin safer than a bank?
Posted by: Far safer ()
Date: March 10, 2023 09:41PM

Bitcoin is supported by the gold bullion stored at Fort Knox. Haven't you researched this at all?!?! People are foolish not to buy bitcoin.

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Re: Is Bitcoin safer than a bank?
Posted by: Mt Gox ()
Date: March 11, 2023 08:18AM

Far safer Wrote:
-------------------------------------------------------
> Bitcoin is supported by the gold bullion stored at
> Fort Knox. Haven't you researched this at all?!?!
> People are foolish not to buy bitcoin.


Not true. Everybody knows that Bitcoin is supported by rare Pokemon cards.

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Re: Is Bitcoin safer than a bank?
Posted by: Oh snap! ()
Date: March 11, 2023 09:24AM

I been fooled

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Re: Is Bitcoin safer than a bank?
Posted by: hodl ()
Date: March 11, 2023 09:26AM

What can be trusted more? Computers? or Greedy people? There's no risk of losing your money to stupid and greedy people in Bitcoin.

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Re: Is Bitcoin safer than a bank?
Posted by: Banks on the Ropes ()
Date: March 11, 2023 11:31AM

Banks on the ropes as contagion spreads:

https://www.dailymail.co.uk/news/article-11846967/Customers-line-block-outside-Silicon-Valley-Bank-collapse-sparks-fears-lose-250-000.html

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Re: Is Bitcoin safer than a bank?
Posted by: Dutch Tulip Bulb ()
Date: March 11, 2023 11:35AM

hodl Wrote:
-------------------------------------------------------
> What can be trusted more? Computers? or Greedy
> people? There's no risk of losing your money to
> stupid and greedy people in Bitcoin.

Stupid and greedy people use computers all the time. How else do you think Bitcoin is mined and traded?

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Re: Is Bitcoin safer than a bank?
Posted by: Integrity One ()
Date: March 11, 2023 11:56AM

Dutch Tulip Bulb Wrote:
-------------------------------------------------------
> hodl Wrote:
> --------------------------------------------------
> -----
> > What can be trusted more? Computers? or Greedy
> > people? There's no risk of losing your money to
> > stupid and greedy people in Bitcoin.
>
> Stupid and greedy people use computers all the
> time. How else do you think Bitcoin is mined and
> traded?

When it comes to bitcoin, there's no greedy, lazy, careless, entitled, corrupt, millennial banker in the middle. Why take the risk with these careless bankers?

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Re: Is Bitcoin safer than a bank?
Posted by: Pyramid scheme ()
Date: March 11, 2023 12:12PM

Integrity One Wrote:
-------------------------------------------------------
> Dutch Tulip Bulb Wrote:
> --------------------------------------------------
> -----
> > hodl Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > What can be trusted more? Computers? or
> Greedy
> > > people? There's no risk of losing your money
> to
> > > stupid and greedy people in Bitcoin.
> >
> > Stupid and greedy people use computers all the
> > time. How else do you think Bitcoin is mined
> and
> > traded?
>
> When it comes to bitcoin, there's no greedy, lazy,
> careless, entitled, corrupt, millennial banker in
> the middle. Why take the risk with these careless
> bankers?

Don't forget this fact
when your wallet is hacked
you can't get it back
Bitcoin.

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Re: Is Bitcoin safer than a bank?
Posted by: Risk Manager ()
Date: March 11, 2023 12:40PM

Pyramid scheme Wrote:
-------------------------------------------------------
> Integrity One Wrote:
> --------------------------------------------------
> -----
> > Dutch Tulip Bulb Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > hodl Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > What can be trusted more? Computers? or
> > Greedy
> > > > people? There's no risk of losing your
> money
> > to
> > > > stupid and greedy people in Bitcoin.
> > >
> > > Stupid and greedy people use computers all
> the
> > > time. How else do you think Bitcoin is mined
> > and
> > > traded?
> >
> > When it comes to bitcoin, there's no greedy,
> lazy,
> > careless, entitled, corrupt, millennial banker
> in
> > the middle. Why take the risk with these
> careless
> > bankers?
>
> Don't forget this fact
> when your wallet is hacked
> you can't get it back
> Bitcoin.


If you keep your bitcoin wallet on an exchange, then you're just stupid. If you keep your own wallet, protected by a decent password, and backed up on paper, there would seem to be a lot less risk than what you'll find in a bank.


So it comes down to: who do you trust? Yourself? Or a bunch of corrupt, lazy, careless, greedy bankers?

With bitcoin, you cut out the risk of the corrupt, lazy, careless, and greedy banksters.

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Re: Is Bitcoin safer than a bank?
Posted by: The Game of Risk ()
Date: March 11, 2023 05:47PM

Bitcoin eliminates the "counterparty risk" that comes from doing business with other people, whether they be at a bank or elsewhere. The elimination of that "counterparty risk" is a big part of Bitcoin's appeal.

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Re: Is Bitcoin safer than a bank?
Posted by: Anything Is Safer Then Anything ()
Date: March 11, 2023 06:27PM

Ran by woke liberals gee wiz federal FDIC law only insures deposits to $250000 per depositer per bank when banks collapse

I'm not laughing about it untill I get my cash out , too many woke libs run BOA I'm putting my cash in a hole in the ground in a plastic trash bag and taking all but what I need per month out then it's LMOA time

Of course like the rest of working Americans My cash is way down

DEMOCRAT JOE BIDEN IS OUR RICH UNCARING PRESIDENT AND HIS RICH UNCARING DEMOCRATS IN CONGRESS DONT GIVE A SHIT EITHER AS LONG AS THEY GOT THEIRS

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Re: Is Bitcoin safer than a bank?
Posted by: Queer Person Of Color ()
Date: March 11, 2023 06:34PM

Its always best to spend a month right before bank collapse to manager details of a gay pride event then pay attention to what is about to go down

Like a bank failing in full living color

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