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1. Embed this notice
   pettter (pettter@mastodon.acc.umu.se)'s status on Saturday, 11-Mar-2023 02:21:00 JST pettter

   Apparently some VC and/or crypto bank is having trouble.

   Allow me to say, in these trying times:

   lol, lmao

   • Embed this notice
     pettter (pettter@mastodon.acc.umu.se)'s status on Saturday, 11-Mar-2023 18:16:38 JST pettter

     in reply to

     • mc

     @mc Pension funds were always a stupid idea and a lie anyway. They're entirely unnecessary to have a working pension system, as evidenced by us having a functioning pension system for decades before their introduction.

   • Embed this notice
     mc (mc@hackers.town)'s status on Saturday, 11-Mar-2023 18:16:39 JST mc

     in reply to

     @pettter The blast radius of this bank exploding unfortunately also includes some Swedish pension money.

   • Embed this notice
     pettter (pettter@mastodon.acc.umu.se)'s status on Saturday, 11-Mar-2023 18:25:06 JST pettter

     in reply to

     • mc

     @mc Well, wiping out up to a third of the years profit isn't exactly good, but yeah, it's not going to affect actual pensions much.

   • Embed this notice
     mc (mc@hackers.town)'s status on Saturday, 11-Mar-2023 18:25:07 JST mc

     in reply to

     @pettter Oh, I agree. We're not in a disagreement. Just pointing out another victim of the SV bank.

     On the other hand them seem "fine"?

     https://www.alecta.se/nyheter/alectas-investering-i-silicon-valley-bank/