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A comment on Ask HN: How is the SVB situation affecting your startup?. Parent comment

Re:Ask HN: How is the SVB situation affecting your startup? by phpnode on Friday March 10, 2023 @10:11AM (#35095273)
it's a totally different situation to Terra/Luna
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Re:Ask HN: How is the SVB situation affecting your startup? by Aperocky on Friday March 10, 2023 @10:25AM (#35095509)
The Terra/Luna system would work very well when Luna's cap >> Terra.

The SVB system would work very well if the interest rates stay low, when they could liquidate their 10 year bonds for same value (and their start up would be more likely to turn profits as well).

These are all systems designed with assumption that turned out to be false.

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