What is Nostr?
f0xr
npub1h3k…wlmn
2024-06-07 16:10:15
in reply to nevent1q…frpu

f0xr on Nostr: Ah okay, I'm probably just misunderstanding your comments. "Governments don't need ...

Ah okay, I'm probably just misunderstanding your comments.

"Governments don't need fractional reserve banking."

"The fed could dissappear tomorrow and the treasury could still issue debt.

It would merely have to be paid for by the savings of individuals, companies, funds, banks, etc..

This is 100% possible without fractional reserve banking and could still be the case on a bitcoin standard in fact."


Author Public Key
npub1h3kv6yar972dxetymty0t936p45utq7fj6p5rw7ly79jrafsnrjqvuwlmn