Bank of America customers waking up to a balance of $0 becuase of an I.T. issue is proof banks are not good.
You have zero ways to prove your balance. What if it does not come back up?
Cash is King. Also self custody crypto.
I hope this is a wake up call to people
crypto is queen
Yep. I would say cash is king because more people will take it, but crypto is queen as less people take it.
but you need to be in both.
yep for now
This might be an unpopular opinion but I think this is only true if you are knowledgeable and super secure with your keys and backups. Most people are probably less likely to lose their money in a bank than with a self custody wallet.
currently.