What is Nostr?
shutosha
npub1ttc…m0da
2024-12-03 19:23:29

shutosha on Nostr: If you are rich ..and have more than 250 K .. Would you keep in Chase or Wells Fargo? ...

If you are rich ..and have more than 250 K ..

Would you keep in Chase or Wells Fargo?

Or keep your stash as #USDC ?

#askNostr

Asking cuz , as I understood, the money issued by banks is backed only ten percent by US dollars ..whereas #circle USDC is backed 100 percent by dollars ..

And more than 250 K are not FDIC insured ..
Author Public Key
npub1ttc8j3sx59d4vs0zt23r6p90fjcd040x3vgu4j68u44ydx8u4rzqkxm0da