42 Million Iranians Affected as Bank Fails

[ed]

Following Ayandeh Bank’s bankruptcy, the Central Bank assured depositors their savings will remain accessible, though confidence in Iran’s banking system has been shaken.
Analysts say the failure underscores risks tied to fractional reserve lending and overreliance on state bailouts — the very issues Bitcoin’s creation was meant to counter.

[kelson10]

42 million people impacted — that’s not just a failure, it’s a national financial disaster.

[alex10]

The human cost of this collapse will echo for years. It’s a reminder how fragile centralized systems can be.