Paraguay seizes major digital bank tied to president, leaving customers in limbo

altairprime

This topic isn’t newsworthy for HN as presented. > Off-Topic: Most stories about politics, or crime, or sports, or celebrities, unless they're evidence of some interesting new phenomenon. If they'd cover it on TV news, it's probably off-topic. How is the collapse of Ueno Bank relevant to HN? - It’s not closely tied to HN or the VC community like Silicon Valley Bank was. - It’s not a bank that was noteworthy for innovations in HN-relevant topics - It’s a standard ‘undercapitalization’ collapse scenario with no unique, newsworthy, or innovative HN-relevant economics or politics involved So I don’t see why this is a worthwhile post here. This is, as of right now, a boring econ/polit event and will definitely be covered “on TV news” (and I say that as someone who enjoys studying and writing about economics!). Without further explanation of specific relevance to HN, it without the eventual ‘what happened and why?’ essays that will follow when Breaking News is replaced by Informed Analysis, I don’t think this (yet) deserves HN’s attention as a community.

ChrisArchitect

Some more discussion: https://news.ycombinator.com/item?id=50381177