Re:Etsy Delays Seller Payouts Due to Run on Silicon Valley Bank
by jacquesm on Sunday March 12, 2023 @07:32AM
(#35118917)
Prisoners dilemma. Do you wait until it is too late or do you cash out early to avoid being caught in a bank run, thereby making the bank run more of a reality?
There is no penalty for cashing out early and being wrong about the bank run but there is a huge penalty otherwise.
There is no penalty for cashing out early and being wrong about the bank run but there is a huge penalty otherwise.