How many people acting in coordination do you need for a successful bank run?
I hypothesize that today you can do it with under 10.000 people for many banks.
The bar for revolution is astonishingly low!
There are reddit and discord groups with 100x that number.
I feel as though I have heard the number 5% around this topic 🤔 as in five percent of a banks clients. But I could be confusing two seperate ideas.
It would also depend on the holdings in ach account. I.e. fewer people would be required with greater holdings, more people would be required with smaller holdings, then there are also withdrawal limits to consider 🤷🏻♂️
It's lower. Required bank reserves are now at lowest levels in history.
In US it's currently ZERO!
Some banks are ready to crash if the wind blows a little hard. Never mind if 1000 clients all withdraw funds at the same time!
Everyone should be pulling their money out of banks anyway. And using ANY bank service (including plastic) as little as possible.
Cash or Bitcoin only.
