Here’s why you should NEVER keep $$$ in Paypal, Venmo, or Cash App…

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Dude, banks play around with your money as well.

SebastianFox
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If you keep your money out of the apps, that’s how they go bankrupt 😭🙏

TannerTheBandKid
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Paypal is linked through synchony bank. Which is FDIC insured.

paulwyland
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eh its kinda hard for them to go bankrupt

centslordm
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This video is outdated cash app is now partners with Sutton bank which is FDIC insured

mLK
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Cap 🧢 not true, these are FDIC insured.

karan
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bro every bank does that 💀 idk abt the bankrupt part tho

recurrinqvisions
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If the banks default they don’t pay you back either. This is why people turn there money into gold and bury it lol

tristonthomas
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Or they can just steal your money by false saying you broke their terms 💀 happened to me

einsteincoins
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He would’ve have wanted to say “Never keep money in your Venmo, Cash app or PayPal accounts, Instead Just give it to me”

LFC
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Me watching this while cashapp has been down for a day

cuernodechivo
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As someone who cant even access cashapp in my country i see this as an absolute win

opticillusion
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Cash app is actually fdic insured as long as you have a direct deposit to it

chrstivn
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As of 5/17/2024 if you have more than 250, 000 dollars in your account you should be fine and it is FDIC insured

StaightFaceEmoji
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"dont use cash app because, a lot of people use it like a bank but you shouldnt because its like a bank"

Samjb
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As if banks never fuck around with your money…

DCvsDJ
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Literally discribes how every bank works

GsoFlyZX
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Banks invest your money as well the second part might be true though, so basically don’t keep a ton of money

Lilwobb
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Same for banks, it's why they hate the blockchain.

titusg
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Cause It's Not Meant For Long Term Storage Of Cash...As I Gather...

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