YSK: Assets in a bank, stock market, 401(k) or pension are not guaranteed

https://lemmy.today/post/50039725

I’m curious, what is your alternative here?

If you say crypto, I’ll say lol.

Why is crypto lol?

It has its own issues. Like converting to FIAT / transactions having sizable fees in some cases.

Beyond that, some folks lose their private keys and some exchanges go under.

Losing private keys is definitely the biggest hurdle. Other than that, I find the frictionless nature to be quite beneficial for managing wealth.