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BTCGandalf / Daniel aka Bitcoin Gandalf
npub1ac8…657s
2023-03-13 16:18:04

BTCGandalf on Nostr: So now we have a fractionally reserved banking system but with 100% depositor ...

So now we have a fractionally reserved banking system but with 100% depositor protection.

The banks can fuck around with your money and if they win, they win. If they lose, the government picks up the pieces and makes depositors hole.
Author Public Key
npub1ac8qr6chl3ktfnfdjvqd97y5tdgs2eg579tvd0rdfydhgjtdzcdqnr657s