Good reason to pull all crypto into fiat ASAP, store it in a real bank (or really, diversify it - user said that was the "vast vast majority" of their savings, that should never be all in one asset), and report it as other income on your taxes.

Sizable, like 2%?

I looked it up. 6% of Americans don’t have a bank account. Doesn’t say whether they could go ahead and get one, or they choose not to.

Sizable?

Correct me please if I'm wrong, but I'd say most of those folks not served by a bank wouldn't have the skills to manage bitcoins either.

The 6% of people without bank accounts are often the least wealthy, more sick part of our population (basically, the people that need protected).

They do NOT have the technical skill to manage a bitcoin wallet. If anything it points even MORE to why we should not use crypto.

Is this 6% of all USA-ians, or 6% of adults?

I don't expect most 10 year olds to have chequing accounts, and if we're talking about about all Americans I'm honestly surprised it's not higher, taking into account da yout, those who are mentally/physically infirm, and those folks who just don't trust banking.

Would you please start respecting the site guidelines? We've cut you a ton of slack and given you a ton of warnings. If you keep violating them, such as by posting unsubstantive and/or flamebait comments, we're going to have to ban you.

https://news.ycombinator.com/newsguidelines.html

I mean, seriously:

https://news.ycombinator.com/item?id=24213951

https://news.ycombinator.com/item?id=23717834

https://news.ycombinator.com/item?id=22815833

https://news.ycombinator.com/item?id=19872246

https://news.ycombinator.com/item?id=16703618

https://news.ycombinator.com/item?id=16314542 ("we've warned you about this several times before")

https://news.ycombinator.com/item?id=15265824

https://news.ycombinator.com/item?id=14918125

https://news.ycombinator.com/item?id=12756676

https://news.ycombinator.com/item?id=12554500

https://news.ycombinator.com/item?id=11812475

wow, you're very tolerant dang. i woulda hit the banhammer the 3rd or 4th time.

Did not see deleting post between this and mine, was real confused what I did...

Keep up the good work dang

The comment was flagged dead, not deleted. You can turn on 'showdead' in your settings to see dead comments.

Sorry about that! This confusion has come up before, and it's a really bad one when it hits. Can you suggest anything that would have made the situation clear to you in the first place?

Coming in late here, but addressing your target by name would probably add a lot of clarity in these cases.