this post was submitted on 21 Jan 2025
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Trust me bro, if your underground stash of money is robbed or stolen because you refuse to trust a bank to safeguard it, it will be considered your fault
You should have backups with a passphrase, in different locations. So if the underground stash is stolen/corroded, or if the bank opens up your safe deposit box, then your money is still safe.
Is this easier? No. Is this what we've come to? Yes. Now that we've got a choice, it's our own fault no matter which system fails us.