Hah! Interesting thesis here https://twitter.com/innoc_bystander/status/1634773053304610818

Blogger at ribbonfarm.com, running summerofprotocols.com, host of /gloom ☀️

I thought it was more along the lines of people going through the depositors with a closer look and realizing the absolute nonsense the VCs invested in during the cocaine fuelled 2021 degenerate funding heyday.

No one cares about that- common product at lots of banks

Saw this before the bailout announcement and was like “interesting, but prob just a crackpot” 

yeah… with hindsight, checks out