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businessJul 21, 202122:28pending

When Pubs Briefly Replaced Banks in Ireland

About this episode

Send us a textToday we are going to discuss the Irish Banking Strike of 1970 when all of the countries clearing banks closed for over six months, only to find themselves quickly replaced by local pubs. We will discuss if something like this could work again, and at the end of the video we will compare how the system that emerged compares to more modern ideas like cryptocurrencies.Between 1966 and 1976, there were three major banking strikes in Ireland in which all of the clearing banks were c...

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When Pubs Briefly Replaced Banks in Ireland

Patrick Boyle On Finance

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