You don’t understand what the FDIC is for. It’s not there to protect your deposits from being stolen by robbers. It exists to ensure consumers that banks are guaranteed to be solvent while they practice fractional reserve banking. See: http://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corpo...
If someone holds a gun to my head, I would give them my passphrase. I’d also go into my bank and wire my money into their account. In both scenarios, my money is gone forever.
Maybe someday, someone will invent a store of value that is safe, even if someone is threatening to kill you.
If someone holds a gun to my head, I would give them my passphrase. I’d also go into my bank and wire my money into their account. In both scenarios, my money is gone forever.
Maybe someday, someone will invent a store of value that is safe, even if someone is threatening to kill you.