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

If everyone withdrew all their “money” in paper at once?
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MrBrownstone · 46-50, M
I think that’s why the US has a law that you can only have $10,000 in cash.
@MrBrownstone You can "have" all the cash you want, but if you make a cash transaction at a banking institute for $10,000 or more in a 24 hour period, they report it to the Feds. It's more to stop money laundering than to control the populace...but...it has a nice controlling effect anyway.
Your Uncle Sam thanks you! Now, where did that money come from?