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/biz/ - Business & Finance

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57878251 No.57878251 [Reply] [Original]

>The Bank doesn't really have my money
You gotta be fucking kidding me

>> No.57878291

>>57878251
Imagine if everyone in the world decided to withdraw their money at the same time. Lmao.

>> No.57878345

>>57878291
Modern banks couldn't handle 15 people withdrawing "real" (for what that's worth) cash at the same time.
Best they can do is let you transfer numbers on their website to numbers on another website.

>> No.57878361

>>57878345
>Best they can do is let you transfer numbers on their website to numbers on another website.
knda like sending crypto tokens.

>> No.57878371

>>57878251
>Well... well no, see, your money's in Jim's house, and-and Bill's house!

>> No.57878788

>>57878345
Why cant someone hack a bank and move all their funds into Monero?

>> No.57878806

>>57878291
>>57878345
midwit take
the fed and treasury would just back stop all deposits with FDIC insurance