If people stop trusting banks because of good reasons they have a right to withd... | Hacker News

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		andy_ppp on March 13, 2023 \| parent \| context \| favorite \| on: Investor Mark Suster says a “handful” of bad actor... If people stop trusting banks because of good reasons they have a right to withdraw funds.

astrange on March 13, 2023 | [–]

They don't have a good reason, they have a bank run. Which they have the right to do, but now there isn't a usable startup bank anymore.

7speter on March 13, 2023 | [–]

You can manufacture seemingly good reasons

andy_ppp on March 13, 2023 | [–]

Like, for example, having a vast majority of deposits from an industry that is quite unstable and rumours travel extremely fast?

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