Actually, your money isn't safe in a bank: Cyprus (cepr.org), Canada (theconservativetreehouse.com), Iceland (bbc.com). You are a junior creditor when a bank fails. You become a bank shareholder of a failed bank. As soon as you deposit money into a bank, it owns your money. You're also subject to government seizures. Your mattress is sounding a whole lot better, isn't it?
Actually, your money isn't safe in a bank: [Cyprus](https://cepr.org/voxeu/columns/failing-banks-bail-ins-and-central-bank-independence-lessons-cyprus), [Canada](https://theconservativetreehouse.com/blog/2022/02/14/trudeau-authorizes-bank-accounts-frozen-for-social-media-posts-in-support-of-freedom-protests-canadian-civil-liberties-association-denounce-decision/), [Iceland](https://www.bbc.com/news/business-35485876). You are a junior creditor when a bank fails. You become a bank shareholder of a failed bank. As soon as you deposit money into a bank, it owns your money. You're also subject to government seizures. Your mattress is sounding a whole lot better, isn't it?
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