Interesting take.

How would that play out in a fiat bank account?

You hit that button and you are promised, that you can go to the banks ATM and go withdraw?

And much more importantly, how would an app decline a bank run via app work? If a bank declines a bank run… boom, Instant economic crisis.

Btw: Isn‘t that account balance the promise of the bank itself?

And now transfer that to the bitcoin world, where the trust component is eliminated entirely. You either got UTXOs, or you fucking don‘t.

HFSP if that‘s the case. AND