this post was submitted on 11 Jul 2025
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Privacy
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Pretty sure banks have a pretty good track record of "keeping your money safe". Why the fork would anybody trust banks to keep their money safe if they can't keep your money safe?
I don't really understand why that statement is even on there?
Unless you mean to argue some anonimity point, which I could agree with considering e.g. Monero would be more anonymous than a bank.
But safe? I'd say the bank is quite safe to store money.
Money in the bank can be seized and frozen for all sorts of reasons. If you're in the USA, then police can charge your money with a crime even if you haven't broken any laws. It's safe until it's not.
Doesn't have to be in the bank either; if you're traveling with your life savings in cash, then if you get pulled over cops are likely to seize that money. Just because fuck you, that's why.