- cross-posted to:
- privacy@lemmy.dbzer0.com
- cross-posted to:
- privacy@lemmy.dbzer0.com
I know there are plenty of software missing from here. This is just a fun infographic I made, no need to take it seriously :)
I know there are plenty of software missing from here. This is just a fun infographic I made, no need to take it seriously :)
Pretty sure banks have a pretty good track record of “keeping your money safe”. Why the fork would anybody trust banks to keep their money safe if they can’t keep your money safe?
I don’t really understand why that statement is even on there?
Unless you mean to argue some anonimity point, which I could agree with considering e.g. Monero would be more anonymous than a bank.
But safe? I’d say the bank is quite safe to store money.
Banks literally seize and freeze assets from people, e.g. Julian Assange.
Banks have also a track record of seizing countries international reserves like Russia, Venezuela, Iran, etc…
Money in the bank can be seized and frozen for all sorts of reasons. If you’re in the USA, then police can charge your money with a crime even if you haven’t broken any laws. It’s safe until it’s not.
The intention was more “Banks keep my data safe,” but I wanted to provide a clearer explanation that if your data isn’t safe, neither is your money. I didn’t have enough room to put my full thoughts.
Banks keeping your money safe depends on what country you live in and how much its government has regulated them and/or provided some sort of backup in the case of a run or the bank going out of business.