Etsy can't pay its sellers because of Silicon Valley Bank
(media.greatawakening.win)
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This will not be an isolated incident.
Edit to add: SVB was also a choice bank for the wine industry. (When you went to their location on Sand Hill Road (VC Land in SV), they had a big wine vault.) This will ripple into other industries.
Ripple...lol
ChamPipple, Fred Sanford's favorite.
MOASS is coming! Let's goooooo!
πππππππππ
To the π
Bought to pull my money out of the bank. GME and Silver to the moon mother fucker. Beers on me.
DRS & physical metals!
And thus it begins. First as a trickle, then as a torrent.
yes, slowly at first, then suddenly......
It's like, at first you hardly notice it, then it's like, oh my gaw!
Its just an "inconvenience". If you complain you are racist.
"Hi there, Etsy here. U R Fucked. Sorry about that, but what you gonna do? We're woke assholes and can screw over anyone at any time, and if you don't like it you're a racist homophobic Nazi bigot and we'll close your store."
Is Etsy still woke?
My wife believes so. I am unfamiliar with them.
basically yes
Very.
I used to use them heavily selling CAD files. They became woke enough for me to move away from the platform.
But you can pay for shit? Sucks.
WHY was this bank the choice bank for all these companies? What did they get out of it?
Bank of America seems to be only 10x as big as this bank.
From what I've seen this bank is almost 2x larger than the largest credit union in the nation based on assets.
Wow!
KingCobraJFS is going to be raging if he canβt get money from selling his wandsβ¦
I sure hope my company didn't use SVB. We'll see on the 15th. They had $1.9 billion in cash & based in Silicon Valley. Yikes.
Etsy primarily uses PayPal....
But they have to have money in a bank for PayPal to withdraw from
Oh yeah I know, .... I'm thinking lots of PayPal stuff will have issues... they are way woke and everywhere. PayPal sucks