CZ DROPPED A REALITY CHECK
He says in Dec 2023, Binance saw:
🔥 $7B withdrawn in a single day
🔥 $14B withdrawn in one week
🔥 No issues. No freezes. No bailouts.
There isn’t a traditional bank on earth that could handle that kind of outflow, and that’s the difference between:
🔹 Fractional reserve banking
🔹 Fully reserved, on-chain systems
Stress tests don’t get clearer than that. 🏦➡️⛓️
