Well, as Russ mentioned above, unless you are dealing with more than $250K in a single account, you are safe.

Well, as Russ mentioned above, unless you are dealing with more than $250K in a single account, you are safe.
Re: Eventually, there will be an attempt to push digital currency and discontinue the use of cash. -- Ihavenoname	Post Reply	Top of thread	Forum

Posted by: LateForLunch ^Ž

03/13/2023, 12:47:41

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If it's more than that, it would seem logical that one could diversify cash holding to more than one bank and so retain the same protection.

A chat with a trusted financial advisor might be worthwhile if you are still not satisfied with your security.

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You never know what will happen to the major banks too... --- Ihavenoname ( 03/13/2023, 16:04:31 ) ( 389 bytes )
Not just single account, but aggregate funds in the bank --- Russ Walden ( 03/13/2023, 14:15:58 ) ( 445 bytes ) +1

There are exceptions to every rule...you may want to consider one of these as Xiden's world degenerates into Chaos... --- LateForLunch ( 03/14/2023, 14:46:35 ) ( 16.3 KB ) img