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Re:Crypto firm BlockFi files for bankruptcy as FTX fallout s... by AlexandrB on Monday November 28, 2022 @04:19PM (#33779854)
A savings account is generally a no-risk or low-risk investment vehicle. This usually means that you could withdraw the balance on any given day and not suffer a realized loss. Even if you assume that Bitcoin's value will always recover long-term, having short term volatility in the 50% range might mean that the money in a Bitcoin "savings account" will not be available when you actually need it.

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