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RE: A Power Down done right?
Depends how you hold your private keys of course and that has risks too. Banks are stable when the economy is stable but if something happens, that can change fast as we have seen in many forms over the last three decades or as @whatsup mentioned, the great depression.
Keeping the money in the bank also means that it is losing value as for the most part, the interest earned on it is less than the inflation that is driven by the bans that are loaning it out.
Sure, it depends on how you hold your private keys but there is more risk associated with that then holding your money in a bank. We will figure that out one day, but right now banks are safer.
The possibility of "something" happening is extremely low.
If @whatsup wants to take a bet, id bet all my steem and the rest of my crypto portfolio that nothing close to the great depression in magnitude will happen any time soon, if ever.
hehe.
We can talk economic stagnation or depression all we want, but id say thats pretty silly when wer sitting at 0.4$ at 90% down from ATH. :)
If I thought it was reasonable to track... I would take the bet! :)