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The Silicon Valley elite did a bank run on their own bank, then spent the weekend warning there’d be hell to pay if regulators didn’t step in to cover their deposits.

For Disconnect, I argue this should be a radicalizing moment that shows why we must dismantle Silicon Valley if we ever hope to develop technology that really builds a better world instead of steering us in the opposite direction.

https://www.disconnect.blog/p/the-silicon-valley-bank-collapse

#svb #tech #banking #vc