I wanted to make a shareable overview video that people can point their family and friends to about money, banking, and bitcoin.
“Read this 500 page book” doesn’t always go over well, but “watch this half hour video” is more approachable.
So, hopefully it’s helpful:
https://youtu.be/jk_HWmmwiAs?si=-8Okyee-gqeaPdvm
Are bank runs possible nowadays? What if a government band cash during a bank run?
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No because reserves are available to banks on demand. Unless the government in charge chooses to manufacture a crisis and chooses not to make the reserves available due to maliciousness or incompetence.
hmmm. sounds possible though highly unlikely then
