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Re:Britons face 20k digital pound cap under Bank of England ... by lesuorac on Friday February 10, 2023 @12:34PM (#34742876)
> If I could just own digital money directly, FDIC insurance wouldn't make any sense. What am I being insured against??

Somebody transferring your coins without your authorization/desire?

The existing system also has reversible transactions which is actually very desirable if you've ever bought anything online.

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