You hold nothing If this money not backed by something real or atleast with cash.
The BONDS treasuries not something for sure but they are more like coupons wich show's how good situation the goverment and other people are to keep value of money.
I told my own bank show me stablecoins, cash,or cryptocurrency or gold equlaint with money i have otherwise i own only numbers wich doesn't mean anything just the numbers on screen.
It's mature way to look finances i don't want to my wealth backed by bonds coupons it's speculative and we never know If they keep holding any value at all.
Why are you asking banks for stable coins and cryptos? they're not an institution that supports cryptocurrency. The majority of them just don't support it so, it's of odd to ask them with that kind of question.
I stay my point: something i can hold in my hand or private wallet that's real wealth and the wealth i can count on.
I agree with you 100%.
Like the private keys or seeds that we own, we own our money in there. But as for the government or bank bonds, there's a proof to support your money in there.
It's a form of lending to them and the bond you receive is the guarantee that you'll be earning from it but that's lesser risk, and lesser profit.