Talking stocks, trading, and investing in general

[venividivicibj]

typical, after constantly ******** on oversight for years, these guys now want gov help

 

[Omega Male]

No atheists in foxholes and no libertarians during bank runs.

 

[venividivicibj]

lol

 

[otc]

Maybe I’m a crypto rube, but can anyone explain why you would keep deposits in a bank like this?

I thought the whole point was the decentralization, you keep your money in your own wallet and you don’t need a bank (and a number of banks/exchanges have failed spectacularly).

When I dabbled in it, I bought currency on coin base but then immediately transferred it to my personal wallet and out of any third party control. Only transfer out to exchange.

 

[venividivicibj]

no need to worry about risk, just get a bailout!

 

[wklq76a]

Techbros have short memories

 

[brokencycle]

No atheists in foxholes and no libertarians during bank runs.

*******! Let's watch the world burn.

 

[Omega Male]

Life … uh … finds a way.

 

[venividivicibj]

More VC guys

 

[Texasmade]

More VC guys

Too bad it was one of their own guys that started this whole bank run..

 

[HRoi]

NGL i had never heard of SVB before now. And I’m a banker!

 

[Jen]

NGL i had never heard of SVB before now. And I’m a banker!

Not really the same feeling as hearing about Lehman, I guess.

 

[nootje]

NGL i had never heard of SVB before now. And I’m a banker!

Have dealt with them, but you’d have to be in or in the orbit of the startup scene.

In my case it was connecting them to a very capital intensive startup that was also being cuddled. SVB was interested to invest, the startup went bust two months ago after burning through 70mln.

 

[concealed]

@Alocin

 

[Alocin]

@Alocin

How’d you know….