What is Nostr?
Marcellus / Marcellus
npub1lve…dlw7
2025-01-28 14:15:38
in reply to nevent1q…5tkr

Marcellus on Nostr: The cold truth is that when you deposit your money in a bank, you are really lending ...

The cold truth is that when you deposit your money in a bank, you are really lending it to that bank, so in reality it stops being your money.

Customer’s deposits are in the liabilities side of the balance, because they owe it to you.
Author Public Key
npub1lvemdr99sj9uav4gkkvd8zg4f86ytp3txg7903kwa30n2m0t79yszfdlw7