json_metadata | "{"app":"musing/1.1","appTags":["money"],"appCategory":"money","appTitle":"Is the bank the safest place for saving money?","appBody":"<p>Absolutely not.</p>\n<p>The bank is far from safe.</p>\n<p>When you put money into a traditional bank, it is then being loaned out to others. The banks operate in a fractional reserve manner, they do not keep everyone's funds in a vault. If everyone went to go and take their funds back at the same time, it would not be possible.</p>\n<p><br></p>\n<p>It's best to keep your private keys and wealth secure in other ways.</p>","appDepth":2,"appParentPermlink":"p3yz56uaq","appParentAuthor":"ijoel","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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