When people do do that, it's called a bank run: https://en.wikipedia.org/wiki/Ba... | Hacker News

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globular-toast on Feb 11, 2021 | parent | context | favorite | on: MasterCard to open up network to cryptocurrencies

When people do do that, it's called a bank run: https://en.wikipedia.org/wiki/Bank_run

This happened to Northern Rock in the UK in 2007. The bank failed and was nationalised as a result.

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