> Otherwise it seems like they're asking for a "run on the bank" with a bunch of people pulling out Bitcoin. To be clear, Coinbase should have adequate Bitcoin

> Otherwise it seems like they're asking for a "run on the bank" with a bunch of people pulling out Bitcoin. To be clear, Coinbase should have adequate Bitcoins on hand to cover 100% of customer balances. Even if every single customer withdraws every single Bitcoin, the only effect on Coinbase should be a few engineers, accountants, and customer service people getting overtime ensuring the process goes smoothly (e.g. by manually taking coins out of cold storage, answering phones, double-checking balances, etc.). This is a very different thing than the traditional "run on the bank" scenario where the bank potentially ends up bankrupt because they don't actually have the funds to cover every deposit.