“The Government” is not one entity. Yes. I would trust the Federal Treasury and our trust in FDIC is what runs private banks. Unless a dictator is controlling and usurping money, power- generally in a democracy governments have fared better than large corporations (w.rt trust to manage public monetary system). There are a few exceptions that have demonstrated better behavior than just putting profit over anything else ( I think Google is one of them but definitely not FB)
I would not trust Facebook with my money.
But you trust the government?
“The Government” is not one entity. Yes. I would trust the Federal Treasury and our trust in FDIC is what runs private banks. Unless a dictator is controlling and usurping money, power- generally in a democracy governments have fared better than large corporations (w.rt trust to manage public monetary system). There are a few exceptions that have demonstrated better behavior than just putting profit over anything else ( I think Google is one of them but definitely not FB)