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BTCGandalf / 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.
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npub1ac8qr6chl3ktfnfdjvqd97y5tdgs2eg579tvd0rdfydhgjtdzcdqnr657s