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Where to Invest Your Cash Savings for Higher Yields
Money For the Rest of Us
The Risk of Crypto Savings Vehicles
BlockFi declared bankruptcy early this week. Their top 10 creditors are owed $1.2 billion and their customers were deposited to depositors that had money in these BlockFi savings accounts, $730 million outstanding. I've tried to be really clear about the risk of crypto savings account, that it's unsecured. Cash is low risk. It should be used for near-term expenses.
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