You are not "potentially" insured up to $100,000: you "are" insured up to $100,000. This is critical to note, as the disdain you expressed was for people storing, specifically, "upwards of $100,000 in their accounts on Amazon".
As for storing $250,000 in the same bank, I am highly confused what a company otherwise does. I have a company, and while I don't actually own a lot of the money that I hold on to (it is almost entirely held liabilities for things like sales tax or vendors), at any given moment I am certainly holding more than $250,000.
Do you then contend that I should be having numerous bank accounts to hold this money? I can't invest it, as I need to have the money to pay the aforementioned liabilities at the end of pay periods that are too short to move money in and out of investments. (Note: I also do not believe my business is somehow crazy-weird.)
As for storing $250,000 in the same bank, I am highly confused what a company otherwise does. I have a company, and while I don't actually own a lot of the money that I hold on to (it is almost entirely held liabilities for things like sales tax or vendors), at any given moment I am certainly holding more than $250,000.
Do you then contend that I should be having numerous bank accounts to hold this money? I can't invest it, as I need to have the money to pay the aforementioned liabilities at the end of pay periods that are too short to move money in and out of investments. (Note: I also do not believe my business is somehow crazy-weird.)