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realBitcoinDog / Will Schoellkopf⚡
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2023-03-17 18:01:02

realBitcoinDog on Nostr: Why doesn’t fed require 1:1 cash reserves reserves?? LOL The sad truth is, holy ...

Why doesn’t fed require 1:1 cash reserves reserves?? LOL

The sad truth is, holy cow. If it’s this laughable for me to consider the banks doing 1:1 reserves, then NO WAY kraken or Coinbase or Binance or tether do 1:1!

Only my own self-custodied #Bitcoin reserves are backed 1:1!
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