WBTM on Nostr: Why does #FractionalReserveBanking feel like a magic trick? Banks play a game, ...
Why does #FractionalReserveBanking feel like a magic trick? Banks play a game, lending out more #USDollar than they hold. Imagine if we all tried to withdraw at once! 🤯 Shouldn't there be a clear agreement if our deposits are off on adventures? #Bitcoin doesn't play hide and seek with your money. Thoughts? 💭💸 romoolo (npub18wg…tu0d) https://youtu.be/WvwZLrFlz0U