Comment Comment by oh-kumudo > All your money is now just the number you see in your bank's appThat is effectively the reality of any modern economy.https://www.investopedia.com/terms/f/fiatmoney.aspBanks don't have the cash if everyone rushes to it and cashes out. parent oh-kumudo 8 years ago
That is effectively the reality of any modern economy.
https://www.investopedia.com/terms/f/fiatmoney.asp
Banks don't have the cash if everyone rushes to it and cashes out.