this post was submitted on 05 Mar 2025
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[โ€“] WoodScientist@sh.itjust.works 6 points 2 days ago (1 children)

What a potentially powerful tool of protest. Imagine if you got a movement of a few million people. They all move to a target bank. A few months later, they all demand their full account liquidation. Then you move on to the next megabank. One by one, drop them like flies.

With a few million people it doesn't even need to be a specific bank. It would cause an enormous problem. Especially since we're used to assets being digital these days. Request enough actual physical cash and it would rapidly reach a breaking point.