The Russian invasion of Ukraine has led to some anxiety about possible escalation, especially given Putin's use of nuclear weapons as a threat. This shows in some topics here on lesswrong, too. And I find this anxiety in myself, as well, sometimes wondering what I would do, if there was suddenly an extremely bright flash of light.
And I think there is a real basis for this risk, given Putin's rationality is somewhat doubtful at the moment, and the fog of war can lead to all kinds of unexpected and unwanted outcomes.
But thinking about it for some days I believe there could be some negativity bias (in ourselves, and definitely in media reporting)... (read 309 more words →)
Spreading cash over multiple banks within the deposit insurance limits is an interesting business concept. In Germany (with a deposit insurance limit of 100,000 Euros per customer and bank) a large robo advisor, LIQID, had such a service (I think since 2020 or so), called LIQID Cash.
However, currently they don't provide this service anymore (but they are saying there service will be back "soon"), so there seem to be some nontrivial problems with doing something like that, even for an established player with more than a billion Euros under management.