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.
