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RE: Think your Bank is safe? Wells Fargo Rips off customers.... again.

in #finance7 years ago

ya, credit unions to me are really a good alternative but not 100% the answer. I think that the when institutional banking combines with block-chain technology then this might help both worlds. what are your thoughts on that happening

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IMO online banks are a better choice than credit unions or other traditional banks. The cashless nature of online probably would make a full blown bank run less likely. The savings rate of online usually trounces whatever pittance the big banks offer. Same capital control issues though.

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