Several people in line in front of me at Wells Fargo right now withdrawing cash. I overheard one guy arguing with the teller that he only wanted cash and not a cashier’s check. They ended up taking him to speak with a banker. Feels ominous.
Discussion
wild
Bullish 😕
"To quantify it, US banks have $17.6 trillion in deposits, of which $3.1 trillion is backed up by cash, of which less than $100 billion ($0.1 trillion) is backed up by physical cash."
Ah. Banks.
That move is to hurry and get the loud customer demanding their deposits to not alarm the rest of those listening.
Many people forget that your deposit will be treated as a loan of your money to the bank with all the hopes and dreams that they keep it safe for you. In the case that you return to ask for them to repay you, the loan of your deposits. They have no obligation or law that requires that they provide you the loan back the same way that you provided it to them (notes, check, coins, etc.)
Stay safe out their friends
#Bitcoin
Teller: "The green notes you need, we haven't had time to print them yet. There are so many people who need them these days." #Bitcoin
#[1]
🥴 yikes….
Should have given him a panties for Bitcoin shirt. 😂
Ha! I look like a walking advertisement for bitcoin right now. I need a shirt that says “Bitcoin not crypto” according to my most recent conversations with strangers.
#[3] a little help?
I went to a Wells Fargo and tried to withdraw some money and they said, “sir you closed your accounts with us in 2008”
Your post is creating a lot of discussion.
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