how much of the gig economy's labor payments moved through SVB? Door dash, Uber, etc. those companies suck ass, but their precarious workers could very well get caught out. even one day's pay could be catastrophic.

and what about our lovely private "money apps* in the US? any exposure there?

  • ancom20 [none/use name]
    ·
    2 years ago

    This reminds me of a good reason to "bank" with a credit union, not a bank - I read CUs are not subject to bail-ins (seizing deposits to pay secured creditors of the bank)