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A comment on Computer compromise leads to theft of bitcoins valued at $500,000 USD. Parent comment

Re:Computer compromise leads to theft of bitcoins valued at ... by hcho on Tuesday June 14, 2011 @11:11AM (#2653305)
How did people trust banks before FDIC?
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Re:Computer compromise leads to theft of bitcoins valued at ... by jarin on Tuesday June 14, 2011 @11:15AM (#2653334)
They didn't, necessarily. Banks were just a place to get loans and a slightly more secure place to keep money than a hole in the back yard:

http://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corpo...

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