Why Nostr? What is Njump?
2023-03-12 19:49:24

Twice on Nostr: If all uninsured deposits are safeguarded, what is the point of #FDIC? With that ...

If all uninsured deposits are safeguarded, what is the point of #FDIC? With that action, it seems to me that the govt is saying all deposits are backed by the govt. full stop. What am i missing?
Author Public Key
npub165gzmss70pnhftds4ek99aetnkfph9f74kxlyqepmc23sx4m8was9vuz2j