At face value, an "insured bank" sounds safer than an "uninsured bank". (referring to FDIC insurance) But what's better than an insured bank is a 100% reserve bank, like @BitGo. We don't need FDIC insurance, because unlike your "insured bank", we don't lend out your assets. And of course we do maintain one of the largest commercial insurance policies in all of crypto. It's time to rethink what banks really are.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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