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A comment on Crypto Exchange AAX Suspends Withdrawals. Parent comment

Re:Crypto Exchange AAX Suspends Withdrawals by Apocryphon on Monday November 14, 2022 @11:03AM (#33596011)
That’s great, and also moot when the vast variety of coin holders opt for the convenience of a centralized third party service instead.

With fiat, you also have the option of storing gold yourself.

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Re:Crypto Exchange AAX Suspends Withdrawals by selectodude on Monday November 14, 2022 @11:11AM (#33596162)
You can fit $1 million in a briefcase in a safe. No need to rely on fractional reserve banking to store your money.

Granted, that would be stupid, but it's certainly an option.

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Re:Crypto Exchange AAX Suspends Withdrawals by notch656a on Monday November 14, 2022 @11:19AM (#33596326)
The problem with fiat is a completely unknown monetary supply function. Gold makes a lot more sense IMO in your scenario as there's a finite amount in and on the earth, and it would take a scientific breakthrough to economically create more than that.
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