One if the many nightmares from Project 2025.

[veroniqueb99@mastodon.social]

@Quasit
I wonder if people even know what this means... their $$$ is no longer guaranteed if anything should happen - say the director of the bank moves to Panama with your money!

[veroniqueb99@mastodon.social]

@Quasit

[hellomiakoda@pdx.social]

@VeroniqueB99 @Quasit Soooo what do I do?!

[veroniqueb99@mastodon.social]

@hellomiakoda @Quasit Don't keep too much money in a bank...

[hellomiakoda@pdx.social]

@VeroniqueB99 @Quasit Where do I keep it? How much is too much?

[veroniqueb99@mastodon.social]

@hellomiakoda @Quasit ...that's your decision... how much can you afford to see go to $0?...‍️

[hellomiakoda@pdx.social]

@VeroniqueB99 @Quasit Not very much.

[hellomiakoda@pdx.social]

@Quasit @VeroniqueB99 I did switch to a credit union ages ago.

[veroniqueb99@mastodon.social]

@Quasit @hellomiakoda Yep CU will have the same problem.

[hellomiakoda@pdx.social]

@VeroniqueB99 @Quasit So, at what point do we do the whole guillotine thing?

[madengineering@mastodon.cloud]

@hellomiakoda @VeroniqueB99 @Quasit The traditional alternative to banks was to keep physical cash in your house, usually described.as "under the mattress."

Maybe a trustworthy credit union would be a better idea?

[veroniqueb99@mastodon.social]

@Quasit @madengineering @hellomiakoda

[veroniqueb99@mastodon.social]

@hellomiakoda Sign me the fuck up

@Quasit