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Replying to Avatar Cyph3rp9nk

It is becoming increasingly easy to cause a bank run.

In Europe, the legal reserve ratio for banks was reduced to 0% in April 2024, and in the US to 0% in March 2020.

Yes, you read that right, before that it was 1% 😂 .

Promoting a corralito is a crime, so I promote it, I encourage you to commit it, take all your money out of the bank and let's make the system collapse.

Less complaining and more risk-taking.

db
keunoak 3mo ago 💬 1

How do you cause a bankrun if they're under no obligation to give you cash?

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Cyph3rp9nk 3mo ago

As soon as many customers go to withdraw their money, which they obviously don't have, a corralito occurs.

It's about exposing the system's shortcomings.

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