Post
Topic
Board Bitcoin Discussion
Re: We shall separate commercial exchanges from investment exchanges
by
countryfree
on 16/06/2023, 23:53:36 UTC
for instance the difference between a non-custody swapshop. vs a custodial portfolio manager investment firm. is that the second version would need some CONSUMER PROTECTION INSURANCE

Juts like banks.

I don't have much money at banks, but I'm happy to know that if one of my banks goes bankrupt, I won't lose my funds, because there's a safety net to protect me. That safety net also includes substantial requirements for banks (well, not substantial enough in my opinion), to prevent bank managers from using customer's money to play Russian roulette with stocks.