The Dodd Frank bill allows banks to do a "Bank In" which is what You describe. Them holding funds from their owners.
I split my holdings up from those in the bank and those in physical stacks. Thanks for sharing!!
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The Dodd Frank bill allows banks to do a "Bank In" which is what You describe. Them holding funds from their owners.
I split my holdings up from those in the bank and those in physical stacks. Thanks for sharing!!
Posted using Partiko Android
Yeah, with a bail in, they just take all your funds and give you stock in their bank instead. Of course, they'll be giving out LOTS of stock and they'll be bankrupt, so it's not like the stock will have value.
I think a physical stack is going to be a good idea!