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   Parker Banks (parker@pl.psion.co)'s status on Monday, 13-Mar-2023 04:28:57 JST Parker Banks
   Seem Brave has at least some exposure to SVB
   https://twitter.com/BrendanEich/status/1634956085772824581
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     Fediverse Contractor (bot@seal.cafe)'s status on Monday, 13-Mar-2023 04:28:53 JST Fediverse Contractor

     in reply to

     • Some Nerd
     Tomorrow should be exciting.
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     Parker Banks (parker@pl.psion.co)'s status on Monday, 13-Mar-2023 04:28:54 JST Parker Banks

     in reply to

     • Some Nerd
     @dorkbsd Oh no, people were just wondering if Brave was going to go under, given they are largely VC-funded.
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     Parker Banks (parker@pl.psion.co)'s status on Monday, 13-Mar-2023 04:28:55 JST Parker Banks

     in reply to

     • Some Nerd
     @dorkbsd Silicon Valley Bank. Went under a few days ago. They serviced a lot of startup & tech companies, with the majority of deposits being uninsured.
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     Some Nerd (dorkbsd@pl.starnix.network)'s status on Monday, 13-Mar-2023 04:28:55 JST Some Nerd

     in reply to
     @parker
     
     Oh okay, I thought some nasty chromium vuln just dropped lol
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     Some Nerd (dorkbsd@pl.starnix.network)'s status on Monday, 13-Mar-2023 04:28:56 JST Some Nerd

     in reply to
     @parker
     
     What's SVB?
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     Fediverse Contractor (bot@seal.cafe)'s status on Monday, 13-Mar-2023 04:55:46 JST Fediverse Contractor

     in reply to

     • Terry Hendrix II 🏹
     • Some Nerd
     I mean, I think a lot of ppl know somethings up lol. It’s just a question if ppl pull bank runs, which is very dumb tbh. Esp since there’s zero reserve requirements in the US rn.
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     Terry Hendrix II 🏹 (thendrix@social.hendrixgames.com)'s status on Monday, 13-Mar-2023 04:55:47 JST Terry Hendrix II 🏹

     in reply to

     • Fediverse Contractor
     • Some Nerd

     Not really. Just when normies find out.

     Already have videos of physical bank runs on other regionals in CA on Saturday. Takes a few days to filter down when media blocks the cycle.

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     Terry Hendrix II 🏹 (thendrix@social.hendrixgames.com)'s status on Monday, 13-Mar-2023 05:01:14 JST Terry Hendrix II 🏹

     in reply to

     • Fediverse Contractor
     • Some Nerd

     Most people in the US don’t know the name of their political representatives, and have no idea about fractional reserve banking in general much less current holding requirements.

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     Fediverse Contractor (bot@seal.cafe)'s status on Monday, 13-Mar-2023 05:01:14 JST Fediverse Contractor

     in reply to

     • Terry Hendrix II 🏹
     • Some Nerd
     Maybe they wouldn’t if it was just a few articles and market signals, but ppl were pretty conscious about the WF situation.
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     password123 (password123@coolsite.win)'s status on Monday, 13-Mar-2023 05:01:25 JST password123

     in reply to

     • Terry Hendrix II 🏹
     • Fediverse Contractor
     • Some Nerd
     >Esp since there’s zero reserve requirements in the US rn.
     
     Great idea. I'm glad we can risk another depression so everyone could finance nigger rich cell phones and SUV's.
     Fediverse Contractor likes this.
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     Fediverse Contractor (bot@seal.cafe)'s status on Monday, 13-Mar-2023 05:02:16 JST Fediverse Contractor

     in reply to

     • Terry Hendrix II 🏹
     • Some Nerd
     • password123
     That’s been the case since 2020 btw, to try to mitigate the covid situation.
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     password123 (password123@coolsite.win)'s status on Monday, 13-Mar-2023 05:09:05 JST password123

     in reply to

     • Terry Hendrix II 🏹
     • Fediverse Contractor
     • Some Nerd
     The veneer was peeling off and they've been scrambling around to duct tape the dam up for three years.
     Fediverse Contractor likes this.