Doesn't stop a run 10 people put $10 in your bank. You give someone a loan for $... | Hacker News

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		ta1243 on March 10, 2023 \| parent \| context \| favorite \| on: Bank run on Silicon Valley Bank Doesn't stop a run 10 people put $10 in your bank. You give someone a loan for $50 and leave $50 in the vault. 7 of your customers take $10 out, you are screwed.

notch898a on March 10, 2023 | [–]

Depends. If they take it out electrically, send it to another bank then it just shows up as debt in a database from bank A to bank B. Cash is dirty and boring nowadays.

imtringued on March 10, 2023 | [–]

This doesn't apply to certificates of deposit as depositors agree to not withdraw their money until a specified point in time.

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