It's also quite possible they caused it. Fractional reserve banking by definition means keeping only a percentage of customer deposits readily available. Regu

It's also quite possible they caused it. Fractional reserve banking by definition means keeping only a percentage of customer deposits readily available. Regulation also doesn't fully solve this, we still have fully regulated bank failures today: https://en.wikipedia.org/wiki/List_of_bank_failures_in_the_United_States_(2008%E2%80%93present)#2022 https://en.wikipedia.org/wiki/List_of_bank_failures_in_the_U... What solves it is the Fed stepping in and agreeing to print money no matter what to cover customer deposits if need be (FDIC insurance). That's hard to replicate in the crypto world but likely possible.