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is it dumb to keep large amounts of money locked up in the bank?

Bitcoin Reddit

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hey so everyone telling me best to keep most my money locked up in a bank. now i love bitcoin and have some but dont think wise to ever put all ur eggs in one basket. So what about keeping large amount also in fiat locked up in the bank? its federally insured so only way could loose that money is if entire monetary system collapses. but how likely is that really?

submitted by /u/Financial_Giraffe324
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