Wow, this issue with fractional reserve system, reaches every economy. I could swear that banks in Nigeria have been sending numbers to themselves because non of them have any value withing their walls to handle massive withdraws.

I wrote a post about what happened with Silvergate, it seems like the financial system will never hear the last of crypto. We've gone from destroying things for our financial system to destroying the financial system... By we, I mean central exchanges, they are the only ones interested in these banks.