So basically all the “money” in the banks are just numbers on the screen.What would happened

They literally can’t. It was explained to me once. they don’t hold significant amounts of money and if there is a significant withdraw it will take a few days for them to get the money from the reserve

And just like that you’re on a gov’t watchlist 😜

I think it would be called "Fubar".

BTW, when companies sell stocks, is that just a way to artificially boost their net worth?

It's all a pyramid scheme. It works because most don't question it.

I don't see why this is a surprise...or a problem?

The financial economies of the world have been fiat for around 50 years, some longer than that. If I offered you $1000 for your hat, I bet you'd take it, even though "it's only paper".

Because you know you can swap that $1000 of "paper" for other stuff you want, like food and gasoline and rent. It all works the same whether we're swapping gold coins or silver nuggets or "promissory notes", aka "cash."

They'll be printing more money as the Chinese bitcoin strategy is trying to kill the American dollar Currency Value

Probably nothing, since it isn't really backed by anything.

It would never happen as the Federal Government would order the financial institutions to close the doors and close ATM

None of the banks keep the amount of paper currency on hand to equal the deposits they manage.

The bigger question is what are you going to do to keep everyone from knocking you in the head with a rock and taking all your cash?

I think that’s why the US has a law that you can only have $10,000 in cash.

The world economy would crash cause that paper does not exist

That would be very bad

Shhhh.
You’re going to scare people.

I dunno what to say.

I think paper money is less than 1 percent of the total supply.