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RE: WHY TOMORROW IS SO EXCITING AND SCARY? AND SO IMPORTANT FOR CRYPTO?

in #cryptocurrency6 years ago (edited)

I think that banks are international. So if the people from one country withdraw funds they get it from other country's. And there are the businesses with more moneymoneys multinationals they don't withdraw their money. The gaspumps etc and ... who are demonstrating the normal people the workforce they don't have 20k on the bank they are in debt mostly because of the nifty underwater trick all country's pull keep people working keep them in debt... So I say let them and you see that banks will just go on.

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Great comment @hans001

I dont think we ever had a chance to get to know each other.

I think that banks are international. So if the people from one country withdraw funds they get it from other country

Banks can help each other, but it is not happening automatically. Those things need time to organize, approve etc. And banks may not be willing to loan money to french banks, knowing that those money will be most likely lost.

So I say let them and you see that banks will just go on.

Im not so sure. It really depends on scale of this behaviour. Banks will not collapse. That's for sure. But they may lose their money flow and generally will receive heavy financial blow.

Have a great upcoming weekend
Piotr