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[parent] [thread] 2 comments
1. Thrymr+(OP)[view] [source] 2024-03-01 16:56:40
I do not think the situation is remotely comparable to the possibility of the banking system collapsing. Banks and other financial institutions exert leverage far beyond their market caps.
replies(1): >>whimsi+y
2. whimsi+y[view] [source] 2024-03-01 16:59:00
>>Thrymr+(OP)
But they are also extremely substitutable because they deal in the most fungible commodities ever made (deposits and dollars).
replies(1): >>layer8+u6
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3. layer8+u6[view] [source] [discussion] 2024-03-01 17:25:26
>>whimsi+y
The good thing about AI is that it is substitutable by humans.
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