> Having your bank account randomly disappear isn't one of the risks that anyone should have to take. Not only is it a risk many take, but many end up losing a

> Having your bank account randomly disappear isn't one of the risks that anyone should have to take. Not only is it a risk many take, but many end up losing a significant amount. The FDIC actually has a list of the numerous failed banks they've helped depositors recover assets from here[1]. You can see that depositors often lose a lot when banks fail. Now I don't think this is a good thing, and I think it would be worthwhile to have a conversation about a systemic way to avoid this. But it was eye-opening to see so many not advocating any systemic approach, and instead just saying "the government should do whatever it can to cover all SVB loses because people like us are special." [1] https://closedbanks.fdic.gov/dividends/ https://closedbanks.fdic.gov/dividends/