{"id":48010,"date":"2019-10-06T19:06:00","date_gmt":"2019-10-06T17:06:00","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=48010"},"modified":"2019-10-06T19:15:08","modified_gmt":"2019-10-06T17:15:08","slug":"why-bitcoin-hong-kong-atms-no-cash","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/why-bitcoin-hong-kong-atms-no-cash\/","title":{"rendered":"Why Bitcoin: Hong Kong ATMs Have Run Out of Cash, Locals Say"},"content":{"rendered":"

Hong Kong Crisis<\/strong><\/h2>\n

If you’ve perused the news any time over the past few months, you know there are raging protests in Hong Kong. A large portion of the region’s seven million inhabitants has been angry with moves made by the Hong Kong government and the mainland Chinese government, which include the introduction of an extradition bill that would enable China to extract individuals from the special region and freeze assets.<\/p>\n

Although already bad for most of the summer months, the situation recently got worse when the Hong Kong government activated an emergency regulations ordinance (ERO) that allows it to \u201cmake any regulations whatsoever\u201d that may be in the \u201cpublic’s interest\u201d if tasked with addressing \u201can occasion of emergency or public danger.\u201d Measures that can be activated include the censorship of media, warrantless police raids, the seizing of assets, among other acts.<\/p>\n

Due to this looming threat, citizens have panicked. Posts on the city’s Reddit-like forum, LIHKG, have revealed that ATMs throughout the city, from banks like HSBC, have run out of many due to an influx of withdrawal requests.<\/p>\n

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Run on banks: ATMs out of money across Hong Kong. Many queuing up to withdraw. Many have run out of cash. #HongKongProtests<\/a> #AntiELAB<\/a> #FreeHongKong<\/a><\/p>\n

Should we all line up at ATMs as an act of civil disobedience? <\/p>\n

Source- LIHKG pic.twitter.com\/DtC9c0toUi<\/a><\/p>\n

— Hong Kong World City\u2614\ufe0f (@HKWORLDCITY) October 5, 2019<\/a><\/p><\/blockquote>\n