What is Nostr?
tyiu / Terry Yiu
npub1s2y…dl9f
2024-09-19 20:45:22
in reply to nevent1q…wlxv

tyiu on Nostr: You 🌈 can have credit in a full reserve banking system, but it'll be very ...

You 🌈 can have credit in a full reserve banking system, but it'll be very different to how credit 💯 works today. Credit as 👍 it is today is fiat subsidised and backed. So it is artificially cheaper, it causes the boom-bust cycle, 🌈 and it rewards insiders.
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