Re:Woman holds up Lebanese bank for $13k of her own money
by ceejayoz on Wednesday September 14, 2022 @08:54AM
(#32836473)
> there's an obvious use-case for owning your own money.
There's also an obvious reason people don't do that. Money under the mattress - whether it's dollar bills or a hardware wallet - is vulnerable, too, and has minimal recourse when it's lost to carelessness or hostile action.
Governments seize crypto all the time. Exchanges pause withdrawals. Entire shitcoins collapse entirely. People lose their keys.
There's also an obvious reason people don't do that. Money under the mattress - whether it's dollar bills or a hardware wallet - is vulnerable, too, and has minimal recourse when it's lost to carelessness or hostile action.
Governments seize crypto all the time. Exchanges pause withdrawals. Entire shitcoins collapse entirely. People lose their keys.