Real question: if Banks are Failing, but you need fiat to pay the bills…
What is the optimal solution?
(I have to keep 3 months minimum worth of fiat)
Discussion
If they’re all failing we are going to swap some potatoes for your spare coffee.
Maybe get 2 month out in cash, send it by mail/pigeon if banks really collapse.
I was pondering this myself. I realized I can’t pay my mortgage without a bank account (by design obviously…)
Cash literally under the mattress. Then physically take it into a brach to pay whatever bills you need to pay.
Cash out. Keep one third and store the rest at different locations. Family members holding an old "empty" safe with bunch of documents, storage units, etc.