Also interesting that average age of people in the line was about ~30, I have the feeling that a large part of the population (older people) have no idea what is going on.
The older population knows exactly what's going on and already keep their savings stuffed in the mattress. The younger generations are now having to learn the hard way.
Yesterday I was at a local branch of my bank. There was a queue (~5 people), but the ATMs worked and the cash was plentiful, no unusual withdrawal limits. Photos are probably not fake, because the demand for cash is obviously there and some banks may have logistical problems with resupplying ATMs.
Which was capped at… $20
Well, yeah. In a run on the bank situation the ability to withdraw money is going to be limited. But I was talking about widespread intent.