Bitcoin is at risk of a bank run, leaving small businesses vulnerable to a death spiral

Rumors that bitcoin will be used as part of a strategic reserve, and the growing adoption of bitcoin by businesses, the rise of bitcoin as a possible reserve asset, have experts wondering how a bank run on bitcoin will play out. Justin Bons, a cryptocurrency analyst and CIO of Cybercapital, a European cryptocurrency fund, said bitcoin is vulnerable to a bank run given the technical limitations of the first blockchain.
In the event of a Bitcoin bank run, small businesses will be at risk. A price drop event will trigger this hypothetical event, forcing miners to shut down operations as unprofitable and affecting network operations.