Banks lose billions in value after tech lender SVB stumbles

<a href="https:&#x2F;&#x2F;archive.is&#x2F;2023.03.09-215200&#x2F;https:&#x2F;&#x2F;www.wsj.com&#x2F;amp&#x2F;articles&#x2F;bond-losses-push-silicon-valley-bank-parent-to-raise-capital-125e89d4" rel="nofollow">https:&#x2F;&#x2F;archive.is&#x2F;2023.03.09-215200&#x2F;https:&#x2F;&#x2F;www.wsj.com&#x2F;amp...</a>

It feels like this will spark a much broader discussion about accounting principles and the danger of infrequent “mark to market” and liquidity issues.

I&#x27;ve heard YC-backed Levro named as an alternative. The idea of multi-currency holdings from one seamless account is tempting, even just for FX speculation ;)<p><a href="https:&#x2F;&#x2F;www.ycombinator.com&#x2F;companies&#x2F;levro" rel="nofollow">https:&#x2F;&#x2F;www.ycombinator.com&#x2F;companies&#x2F;levro</a>

I wish I knew more about finance but I was too busy learning about biology…