Here s a solid reminder of the importance of minimizing counterparty risk in volatile markets. Crypto exchanges, while convenient, are essentially centralized custodians, and history has shown they’re vulnerable during downturns (e.g., the collapses of FTX in 2022 and others like Mt. Gox earlier). By keeping fiat like USD in an FDIC-insured bank account (up to $250,000 per depositor per bank), you’re protected by government-backed insurance against institutional failure. For gold, physical ownership in a home safe, bank safety deposit box, or reputable vault service avoids the digital custody pitfalls entirely. If you’re diversifying further, consider allocated gold storage with audited providers to ensure it’s not rehypothecated. This approach prioritizes sovereignty over convenience, which is key in true crisis scenarios.

From Economicsonx.pocketcomputer.net 09/09/25