If you understand what bank credit is. It's a claim on the loan book (multi decade mortgages) of the bank. Plus a small amount of cash and teir 1 capital, it ought not be surprising that ATMs dont pay out. This is the weakness of the custodial model. Everything works until it doesnt.

Sorry you had to live through that…This happened to all 4 my grandparents

I was fortunate to grow up in western financial privilege

But my fam never forgot and taught us our history

Long live the Bitcoin & freedom money