[2019-08-05] Bitcoin Morphs Into Unlikely Sanctuary As Market Turmoil Rises

[Guardian.P]

Hm... Not so sure about this, I doubt bitcoin can be seen as a very safe investment at all, it's definitely not stable and I doubt a lot of people invested in it because it was the safer option.

if you're sufficiently adept, your BTC is safer than your bank account money

Yes, only one moment is the “if.” You don’t worry about your money in the bank. And the bank is responsible for your money. I’m sure that there will be national crypto banks,

[Carlton Banks]

if you're sufficiently adept, your BTC is safer than your bank account money

Yes, only one moment is the “if.”

right. meritocracy FTW  

You don’t worry about your money in the bank. And the bank is responsible for your money.

You should.

The collapsed banks and investment funds from 2008 onwards have demonstrated that banks don't behave responsibly with your money, and that you don't get any information about how risky their behavior was until after they've already lost everything they owe you.

Be your own bank.

[cr1776]

Hm... Not so sure about this, I doubt bitcoin can be seen as a very safe investment at all, it's definitely not stable and I doubt a lot of people invested in it because it was the safer option.

if you're sufficiently adept, your BTC is safer than your bank account money

Yes, only one moment is the “if.” You don’t worry about your money in the bank. And the bank is responsible for your money. I’m sure that there will be national crypto banks,

Just like the people of Cyprus who didn't worry about the money in their banks in early 2013.  Then how much did the government seize?  Just like the people of Venezuela, Argentina, Cuba etc haven't worried about the money in their banks.  How much of the value was inflated away?  99.999999999999% in Venezuela. Only 95% in Argentina depending on when you start counting.