I(20) have the Venmo debit card as well as PayPal and my normal bank. I use Venmo for commissions as well as different kinds of sales. But, my Venmo balance dropped a bit so I decided to set up direct deposit in there instead of my normal account. I have a Venmo debit card I have been using and it seemed to easy. Part of this is that online banking with my regular bank is a bitch sometimes and part of this is that an under $10 balance gives me weird anxiety even when it's something as silly as Venmo.

One of my friends (21, works in IT and is making his own VPN, much more tech-savvy than me) asked me if Venmo is set up to ajust for inflation since it works like a bank but isn't one, so that my money won't become useless while I'm direct depositing it. I didn't even know that banks had to ajust themselves for inflation or how that worked. Still, from the information I have I concluded because Venmo has banking services from Bancorp bank which is a member FDIC the actions done on Venmo when handling money should be set up the same as a bank. but am I wrong?

Should I changed my DD location to my "real" bank account in order to protect my money from becoming useless??