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by bilekas 1187 days ago
> Seems like tech is systemically risky and should be highly regulated.

What do you mean tech is `systemically risky` ? It's an investment and holdings bank, designed to take on certain levels of risk in order to facilitate fast growing startups.

That's why their market was so large, the OG banks who may be far higher risk avoidance couldn't supply the demand.

But that's a financial risk, not a tech risk.

> You're part of the establishment now and should be thankful that big brother stepped in.

This seems strangely targeted to make much sense of, are you referring to someone in particular ?

Regulation can be a very good thing, but highly regulated can be more of a hindrance than a help.