keccers
@keccers.eth
In America consumer protections are rapidly eroding and there will be a proliferation of alternative financial products, from crypto based solutions to X Payments. Remember these services don’t come with FDIC insurance. they have few incentives at all to do right by you. Be careful
3 replies
0 recast
20 reactions
HH
@hamud
Crypto is just missing a robust insurance industry. Atm rates are too high for it to be worth it but I hope this changes in the future. A lot of money market funds for rich people are not FDIC but have their own insurance.
1 reply
0 recast
2 reactions
keccers
@keccers.eth
I agree with this. And I am afraid people will get lost in the sauce and get themselves screwed
0 reply
0 recast
2 reactions
