04-05-2020, 07:41 AM
Organizing a bank run....
<!-- SC_OFF --><div class="md"><p>So, those of us who HAVE the amounts required to do this could organize a bank run. Heres the barebones sketch:</p> <ol> <li>Have a whale cash out to fiat, and then deposit to a major bank. (everyone knows the bank, but don't know the branch to protect whale)</li> <li>Have followers deposit to same major chain.</li> <li>The whale goes in, and withdraws the banks entire vault (in cash)</li> <li>Tell followers which bank branch to hit. All the followers swarm the bank asking for cash.</li> <li>Call the news media in when bank can't produce said cash.</li> <li>Redeposit the cash at another bank (not a different branch of same chain). Rinse and repeat at different chain of original bank.</li> <li>Watch bankers panic.</li> <li>Watch media panic.</li> <li>Watch general populace panic.</li> <li>Watch FDIC panic after they run out of money and make national headlines.</li> <li>Watch FDIC get bailed out by fed printing money.</li> <li>Profit as populace loses faith in dollar and flees to bitcoin. xD</li> </ol> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>So, those of us who HAVE the amounts required to do this could organize a bank run. Heres the barebones sketch:</p> <ol> <li>Have a whale cash out to fiat, and then deposit to a major bank. (everyone knows the bank, but don't know the branch to protect whale)</li> <li>Have followers deposit to same major chain.</li> <li>The whale goes in, and withdraws the banks entire vault (in cash)</li> <li>Tell followers which bank branch to hit. All the followers swarm the bank asking for cash.</li> <li>Call the news media in when bank can't produce said cash.</li> <li>Redeposit the cash at another bank (not a different branch of same chain). Rinse and repeat at different chain of original bank.</li> <li>Watch bankers panic.</li> <li>Watch media panic.</li> <li>Watch general populace panic.</li> <li>Watch FDIC panic after they run out of money and make national headlines.</li> <li>Watch FDIC get bailed out by fed printing money.</li> <li>Profit as populace loses faith in dollar and flees to bitcoin. xD</li> </ol> </div><!-- SC_ON --> Kind Regards R