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To: E. Pluribus Unum

ou exchange your hard currency for electronic-only bitcoin, then. My money is not in BOA. It’s in a credit union with a high NCUA score as far as assets, liabilities and financial strength, and it’s in foreign currency-denominated CD’s to diversify dollar risk.


25 posted on 12/24/2014 3:27:33 PM PST by RegulatorCountry
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To: RegulatorCountry
A credit union is a bank for all practical purposes. The only thing you own are zeros and ones on a server hard drive. NCUA is FDIC with a different name, and they have assets to cover about 0.00001% of total deposits.

Like Ann Barnhardt said, if it's not something you can stand in front of with an assault rifle and defend, you don't really own it.

26 posted on 12/24/2014 3:30:32 PM PST by E. Pluribus Unum (Any energy source that requires a subsidy is, by definition, "unsustainable.")
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