Are banks still trustworthy? Where to keep my money if we are headed towards a banking crisis?
>>62652572Banks are trustworthy exactly as long as it is in their interest. The second the government wants your account frozen or taxed or confiscated, it will be done. Same with safe deposit box. Same with your mortgage contract.
>>62652572Bitcoin was created in the aftermath of the 2008 financial crisis precisely because banks are untrustworthy
>>62652650>precisely because banks are untrustworthyThat's pure cope
>>62652572nice bait. money in a bank is not legally yours, you get a deposit, a claim on the bank reserves (which are 0% post 2020). all you get is 250k depositors insurance, which i'm not sure has ever been battle tested as if thats ever needed your getting 2008 or 2019 repo again. for me the optimal portfolio is indian hemp seed, to sow the swamps with, shampoo (invaluable chemical cocktail post apocalypse) and no more gold or silver than they'd like to carry in a bug out bag
>>62652717How much shampoo do you have in your bug out bag?
>>62652650>proceeds to make an ecosystem that only scammers, grifters, and hackers thrive in
>>62652670>hears an idea>that sounds ridiculous>does no further investigation>the more I think about it, it is ridiculousYou're probably the dumbest person on the internet.
>>62652670Banks have been quite trustworthy. The proles our communist government has forced them to lend money to...not so much.
i hate beaners bros
>>62652621They're like that with everything but it's inconsistent. If they know I'm buying C4 online from Croatia they don't care but as soon as I resell it shaped to look like a kid's lunchbox with Marvel characters on it they freak out.
