/biz/ - Business & Finance

>>27167580
so a bank run more or less seems like a economic depression of some sort if i understand correctly. it seems like if an event like that happened where that many banks got fucked, the life for the average citizen would be chaotic and utterly fucked up. i suppose that is one of those "precious metals" scenarios where people have those in case paper currency for some unforseen reason becomes worthless. ill look more into that term to educate myself on it. ive been meaning to get a better bank account and i havent really dont the research yet of picking the best set up so this is actually kind of a good topic and time to learn all of this stuff.


is it like a tripcode where you basially just have a password or something memorized? that is actually a pretty cool scenario you listed. people get their wallet and passport stolen in other countries sometimes. in a scenario like that, could you just go into some estabilishment or some kind of bank like building and just access the crypto account even without your phone? that would be a godsend in such a scenario.

and to answer your last point, with full transparency, i have 0 knowledge of anything related to bitcoin, stocks, or any of that sort of thing. i have just finished college, a bit later than i would have otherwise liked, and am trying to get my life set on track. a bit behind schedule obviously. thanks for fun convo anon. im sure its helped other people on here lurking not just me. it wasnt time wasted.

i also pingpong around a bit when im really interested in something. chalk it up to adhd or whatever.