> it only takes a few depositors I don't think so? I mean if you had everything concentrated in a literal handful of depositors perhaps, but surely no real ban

> it only takes a few depositors I don't think so? I mean if you had everything concentrated in a literal handful of depositors perhaps, but surely no real bank is like that including SVB. The deposits were in the billions; articles say some depositors had amounts in the millions, a billion (American) is a thousand million, you know? Levine was saying, and it sounds right to me, that when your depositors are a mix of ordinary people, they aren't all talking to each other or even paying attention, it prevents a stampede when there isn't any actual problem. Of course, that doesn't mean SVB won't have effects on other things. I halfway expect USDC to collapse first thing Monday. When it rebounded from about 90 cents, I thought "ah, but didn't Coinbase stop withdrawals until Monday?" But I'm making the distinction with any linkage or contagion that it's not going to be the same phenomenon, it's going to be something specific and different.