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0 sats \ 0 replies \ @XBTPlebDad 27 Oct freebie \ on: River Financial Allowing Users to Earn BTC Interest on Cash Deposits bitcoin
River is a good company and I've used them since 2022, but I'm not a fan of leaving my Bitcoin on an exchange or leaving my Fiat in an account that isn't covered by FDIC or SIPC insurance.
It's a cool feature, but if Lead bank (their partner) fails, who knows if you'll ever see that Fiat. Not much different than neobanks.
I was a loyal WaMu customer in 2008, that was a lesson learned, especially after coming under Dimon's control.
I like Leishman and what he and his team on doing, but you can never be too cautious.
I own three of these devices, one of them is a branded NerdAxe. They are awesome devices and a great and cheap way to get into home mining.
I've used River for a few years now and they've been great and continue to add features. I have even used their hosted mining service when they offered it and it was a great experience as well and good introduction to mining. I know host my rigs at home. It's a good company with solid leadership team!
GENESIS