FDIC up to $250,000 FOR BITCOIN!! When will the BDIC Bitcoin Deposit Insurance Corp. be started???

in #bitcoin7 years ago (edited)

We need a coin that backs our investments in crypto coins Up to $250,000 or $250,000 worth of Bitcoin! signFDICxl.gif
UP to $250,000 lol. LIKE THE FED setup for it's failing Currency scam. When a coin offers us insurance on digital currency I believe this could be one of the biggest game changers. How can someone create a coin that can do this? Lets see what ideas everyone can come up with.

Why the government created the FDIC or Federal Deposit Insurance Corp

On June 16, 1933, President Franklin D. Roosevelt signed the Banking Act of 1933, which established the FDIC, among other things. The FDIC was created in response to thousands of bank failures during the early years of the Great Depression that resulted in about $1.3 billion in losses to depositors.

The act was designed "to raise the confidence of the U.S. public in the banking system by alleviating the disruptions caused by bank failures and bank runs," according to the FDIC.

Read more: http://www.bankrate.com/finance/savings/fdic-insures-bank-deposits-to-250-000-1.aspx#ixzz4kfg9dM21
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