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A comment on FDIC Takes over Silicon Valley Bank. Parent comment

Re:FDIC Takes over Silicon Valley Bank by illiarian on Saturday March 11, 2023 @03:21AM (#35106512)
> and has proven utility.

It hasn't.

[ Parent | on HN ]
Re:FDIC Takes over Silicon Valley Bank by concordDance on Saturday March 11, 2023 @05:08AM (#35107011)
The ability to have assets that can't be frozen by a bank or government beaurocratic fuckup is utility.
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Re:FDIC Takes over Silicon Valley Bank by nvr219 on Saturday March 11, 2023 @03:27PM (#35112345)
Not really because the assets can totally be frozen by the exchange. The people who have money in crypto that disappears don't care if that was due to a government action or due to whomever is in charge of enough servers.
[ Parent | on HN ]