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s3x_JAY / s3x_jay
npub1vee…38wt
2023-06-19 22:14:03
in reply to nevent1q…8p9r

s3x_JAY on Nostr: This aspect of banks was explained really clearly in the classic Christmas movie ...

This aspect of banks was explained really clearly in the classic Christmas movie “It’s a Wonderful Life” (1946, with Jimmy Stewart).

Point being banks, unlike Bitcoin, reinvests dollars deposited back into the community. So the money isn’t all available for withdrawal at a moments notice. That’s a good thing, not a bad thing.
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