I believe the $250k limit is intended to encourage large accounts to invest in a... | Hacker News

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dsm4ck on March 15, 2023 | parent | context | favorite | on: Silicon Valley Bank unmasks the hypocrisy of liber...

I believe the $250k limit is intended to encourage large accounts to invest in assets directly, and to have a limit to the FDIC liability in case of bank failure.

madsbuch on March 15, 2023 [–]

Or encourage people to buy their own insurance for the uninsured part. We are all free to call up an insurance company to do that.

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