> I want open banking ... What I do not want is that lots of people lose money due to fraud or high volatility
That's a bit like saying you want open source without the bugs, drama, forks or the ability for people to see the code you're publishing.
Things come with tradeoffs. Open banking comes with the tradeoff that fraud and loosing your funds become easier, but it also means that it's easier for people without access to banks to have something to store value in.
That's a bit like saying you want open source without the bugs, drama, forks or the ability for people to see the code you're publishing.
Things come with tradeoffs. Open banking comes with the tradeoff that fraud and loosing your funds become easier, but it also means that it's easier for people without access to banks to have something to store value in.