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IrelandHODL / Paddy
npub1gfx…sre8
2023-03-16 18:22:45
in reply to nevent1q…92jn

IrelandHODL on Nostr: I think it is a fully reserved bank where the depositors would pay a small fee to ...

I think it is a fully reserved bank where the depositors would pay a small fee to have their money there and in return your money is not rehypothecated. If the FED allowed this bank then the chances are that it would cause a bank run on all the fractionally reserved banks as trust in them breaks down
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npub1gfxsacrztln8lqt569mgf33e5dqz66w07nt60aszxpdpwd9p5nfqjgsre8