cashouts that big (40k$) can make some problems, im curious however in cashouts in milions, early adopters could tell quite a story i suppose
Yeah, what happens if you send a cool million to an account that never has had a balance over 10k
I think they'll freak out.
first, send 20K, then 50 K, then 100K, then the rest 830K, LOL.
On a more serious note, in US FDIC insurance is up to $250k, so everything above it you can easily partially lose in an unlikely bad situation.
You would probably need to have a different type of account with the bank (Edit:brokerage), where you immediately convert money above 250K into treasury bills.