Hong Kong ATMs Out Of Cash And Panic Over Indian Banks

Escalating political tensions in Hong Kong and a potential economic and banking crisis in India has highlighted how fragile cash savings can be. Naturally Bitcoin would be the answer if adoption was greater and volatility was lower but the pluses for decentralized money are growing.

Hong Kong ATMs Empty

As violence continues to grip the island state it is the innocent that usually suffer first. Videos leaked over social media recently show intensifying attacks from both sides as the situation spirals out of control.

Over the weekend it was also widely reported that ATMs across the Hong Kong were running short of cash. Citizens have started to panic and queues at empty ATMs were starting to form. The updates were also posted on local social media channels.

Run on banks: ATMs out of money across Hong Kong. Many queuing up to withdraw. Many have run out of cash. #HongKongProtests #AntiELAB #FreeHongKong

Should we all line up at ATMs as an act of civil disobedience?

Source- LIHKG