21 sats \ 2 replies \ @mambru 20 Feb \ on: Bitcoin has a Scaling Issue bitcoin
I'm sorry, who would stop banks from issuing paper Bitcoin? How?
I take that as inevitable.
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21 sats \ 1 reply \ @George203BTC OP 20 Feb
Who? Users. No one in particular. We might be able to check them and keep them in line with regular bank runs, but only if withdrawal is possible and feasible.
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0 sats \ 0 replies \ @mambru 21 Feb
Some users will, some won't. And it'll happen. When people need money they don't have, they tend to bring it from the future via credit. What are their incentives to not do it?
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