Comment on Working for Bitcoin: UpdateparentComments−eli15yI'm almost certain you are wrong about that. Dwolla is not listed in the FDIC database.−sgornick15y"Dwolla Deposits Are Protected By The FDIC and NCUA"Yes, every dime you have in your account is protected by the FDIC and NCUA. The same way that amounts in your PayPal balance are protected.http://www.dwolla.org/help/dwolla-security-and-partner-overv...−eli15yOK, I'm glad that their banks are insured, but if Dwolla goes bankrupt are you sure I'll get my money back? I'm not.PayPal does the same thing, but at least they're upfront about how it works: https://www.paypal.com/cgi-bin/webscr?cmd=p/gen/travelers-ou...And I don't keep money in my PayPal account either.
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I'm almost certain you are wrong about that. Dwolla is not listed in the FDIC database.
"Dwolla Deposits Are Protected By The FDIC and NCUA"
Yes, every dime you have in your account is protected by the FDIC and NCUA. The same way that amounts in your PayPal balance are protected.
http://www.dwolla.org/help/dwolla-security-and-partner-overv...
OK, I'm glad that their banks are insured, but if Dwolla goes bankrupt are you sure I'll get my money back? I'm not.
PayPal does the same thing, but at least they're upfront about how it works: https://www.paypal.com/cgi-bin/webscr?cmd=p/gen/travelers-ou...
And I don't keep money in my PayPal account either.