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.
keep in banks only the money you are willing to lose
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That would be 0 then I guess?
I treat fiat banks like custodial lightning
it's convenient
but risky
use it accordingly
