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 ...

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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