I live in the states. FDIC. Trust my bank just a smidgen more than some d00d from Cyprus - the home of secure banking 
But you go right ahead and invest.
*Danny's also buying into a plain old fiat bank, so if you're worried about real banks going tits up, you've bet on the wrong horse
But you go right ahead and invest.
*Danny's also buying into a plain old fiat bank, so if you're worried about real banks going tits up, you've bet on the wrong horse
"Yes, the Federal Government (via the FDIC) insures deposits in most institutions up to $250,000. But there is a problem with this insurance. The FDIC currently has far less money in its fund than it has insured deposits: as of Sept. 1, about $41 billion in reserve against $6 trillion in insured deposits."
http://www.zerohedge.com/news/2014-01-31/why-harvard-economist-pulling-all-his-money-bank-america