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Do you understand what you're saying though? The consequence is, cash deposits for thousands of small businesses, are unavailable. The direct consequence is th
by cmurf 4y ago
Do you understand what you're saying though?
The consequence is, cash deposits for thousands of small businesses, are unavailable. The direct consequence is these businesses can't pay payroll, and can't pay vendors.
This isn't about socializing investor's losses. It's about making sure employees, contractors, and vendors get paid by fully backing cash deposits.