I’d bet 1M sats the GOP majority House, powered by representatives from “flyover” states, isn’t going to bail out California’s Sodom.
Discussion
People losing their money is sad but letting inefficient and/or fraudulent entities fail is healthy and required for the whole system to work properly.
Send the bailouts boys!
Not without heavy concessions from the dems.
I'll take the bet it's all one party.
You have three choice between extreme progressives and milk-toast progressives (republicans).
Might be 5 conservatives in Congress.
Cool, we’ll see.
Where do we post our bounties?
What’s the deadline? If they bail them out quickly, that’s easy to call.
How about: if Congress passes legislation to bailout SVB’s depositors, and the president signs it before July 1st, you win. Otherwise, on July 1st, I win.
I’m open to suggestions for escrow or we can just 🤝 and shame the loser if they don’t pay.
Deal. 🤝