[Msw242]

I don't want to live in a world where I have to track down and personally inspect the factories and farms that produce my food.

If I deposit cash at a member bank that the government says is compliant with their rules and regulations, that should not imply any risk taking on my side.

If I use a payroll provider like rippling that uses SVB as their payment rails, I shouldn't have to worry about that.

If I use a service that goes under because they can't fund payroll because of a banking supply chain issue, that seems rather hard to due diligence.

If you honestly hold that position, I suggest you get a little bit of empathy for decision-makers. It will make you a better member of society.

[fock]

https://twitter.com/chimeracoder/status/1635062000853331969 I don't want to live in that world either. I can imagine a society much better off with such individuals stripped from power.

And yes, to add insult to injury there is people offering the service of splitting up your cash between banks in a way which should give every startup enough leeway to "make payroll" for some months (https://twitter.com/ddayen/status/1634925784271036417)... It just doesn't work with monopolistic structures and you can't bankrun it, when you feel like it, so maybe not as en vogue with our hosts?