this post was submitted on 10 Aug 2023
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[โ€“] RivenRise@lemmy.world 6 points 1 year ago (1 children)

That's my reasoning behind trusting banks with my money. If shit goes down to the point I can't get my money out of a bank then it won't have much value for long anyways and I have bigger issues.

Nowadays, yes. Back in the day a run on the bank could screw everyone.