What is Nostr?
npub1ah3…l76e
2024-08-29 11:31:00
in reply to nevent1q…t6gh

npub1ah…cl76e on Nostr: Those who don't know how to operate proper fractional reserves go bankrupt. Binance ...

Those who don't know how to operate proper fractional reserves go bankrupt.

Binance for example managed quite well so far.

Coinbase and BlackRock will only go bankrupt when USD hyperinflates as they can print as many USD for cash settled ETFs as they need to not default on bad trades thanks to the BlackRock-FED connection.
Author Public Key
npub1ah3aj4mhfew4c7txfdd4paf3wr5syntkeyxenl9fxf9rejte2wpqwcl76e