Home Altcoins Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too

Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too

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Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too

One thing that has distinguished traditional banking from crypto, in the eyes of many financial experts, is stability. There’s a strong belief that most people who put money into an account at a prominent bank will generally leave it there, indefinitely – whether due to comfort, satisfaction, relationships, laziness, lots of things.

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