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Well, it's been 15 years. The question is more like: Are OK with government control? Reminder - regulators reviewed SVB reports and found them adequate. Then
by killerstorm 3y ago
Well, it's been 15 years.
The question is more like: Are OK with government control?
Reminder - regulators reviewed SVB reports and found them adequate. Then apparently people found it's insolvent. Does it look adequate?
Do you like a system if bank can become insolvent if people withdraw their money?
That's presumably one of most competent countries in the world.
- reaperman 3y ago> The question is more like: Are OK with government control? I simply doubt that my opinion, or even that of the majority of the public, would change the outcome of what the government decides to do. They seem to be on a pro-KYC/AML/FINRA/IRS path regardless of public opinion.
- killerstorm 3y agoPeople who lived under totalitarian/authoritarian regimes often thought their opinions do not matter and everything is already decided. But, not all people, and many such regimes have crumbled. Somehow you found energy to spread FUD on this forum, but you don't have energy to form an opinion and defend it. Sad.