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0 sats \ 1 reply \ @nym 23 Oct \ parent \ on: River Financial Allowing Users to Earn BTC Interest on Cash Deposits bitcoin
A key thing they mention is they are not a bank. Your funds kept are FDIC insured but they're misuse of the funds are not. River has a good reputation, but anything can come in this space. Not your keys, not your coins.
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6 sats \ 0 replies \ @ca 23 Oct
Sure but you need to have them anyways in a bank. Bank A or Bank B, they're all at risk in that sense. This doesn't change that equation, I might as well have my TBill yields be converted automatically into ₿.
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