but I have standards one of them is it has to be insured by the government why is that so hard to appreciate?
You are in the wrong forum then. Nothing related to Bitcoin is supposed to be insured by a central authority/oppressor.
If such a company existed, then there is also the chance that they might put a freeze on your bitcoin without your permission as well.
That's exactly what your government-insured financial services providers can do. But they can't do it to your Bitcoin stored in non-custodial wallets, with or without a freeze function.
I personally haven't found a real use case for it. Anything that I could do with bitcoin, I could do cheaper possibly more efficiently a different way.
You are from the USA right? Check with your bank how much it would cost you in transaction fees to send a payment to the Balkans? After that, you can calculate how much the equivalent of that would cost if you spent one Bitcoin input, no matter where you send it. Consider if that is a use case or not.
And if the bank happened to go bankrupt the government would step in and pay me back.
Your money is insured up to a certain value, but depending on how much you have, not everything will be paid back as you say. For ordinary people, that should be enough though.
The Federal Deposit Insurance Corporation is an independent federal agency insuring deposits in U.S. banks and thrifts in the event of bank failures. As of 2020, the FDIC insures deposits up to $250,000 per depositor
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