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It sometimes feels people really like dunking on those impacted by this especially since there's a lot of schadenfreude about SV and especially the VCs that embarrassed themselves, but I feel like the correct answer isn't "hahahaha those idiot companies didn't make 100 bank accounts and perfectly shuffle everything in realtime", but "hm, isn't it a bit strange that we're incentivised to go to extremes with this relatively inefficient activity"


Why not just buy insurance for the amount going over 250k? I am sure that all reputable insurance companies offer that product well priced.




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