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A comment on Silicon Valley Bank unmasks the hypocrisy of libertarian tech bros. Parent comment

Re:Silicon Valley Bank unmasks the hypocrisy of libertarian ... by logifail on Wednesday March 15, 2023 @07:54AM (#35166836)
> where large depositors can buy individual coverage

Q: Aren't large depositors already free to buy individual coverage from whomever offers it?

[ Parent | on HN ]
Re:Silicon Valley Bank unmasks the hypocrisy of libertarian ... by UncleEntity on Wednesday March 15, 2023 @08:12AM (#35167043)
FDIC basically forces all depositors to have insurance in a generalistic hand-wavy way.

Seems we also need to force others to have insurance because they can’t be bothered and will just get bailed out — next time probably with taxpayer dollars.

[ Parent | on HN ]