> the general presumption that Big Government will protect you from yourself is extended just another smidge
What would be a better alternative? Asking a top 20 bank for their data room whenever I need to deposit something over $250k?
At some point, there needs to be some level of trust with simply putting money in a place and not a single cent disappearing. That should be a reasonable expectation in any functional society.
Anything otherwise would be highly inefficient, creating unnecessary work that produces little to no value.
What would be a better alternative? Asking a top 20 bank for their data room whenever I need to deposit something over $250k?
At some point, there needs to be some level of trust with simply putting money in a place and not a single cent disappearing. That should be a reasonable expectation in any functional society.
Anything otherwise would be highly inefficient, creating unnecessary work that produces little to no value.