0 sats \ 1 reply \ @SatsMate 14 Sep \ on: Why the whole banking system is a scam - Godfrey Bloom MEP Education
"They are broke because we have a system of fractional reserve banking"
I would love to see a world where we have no fractional reserve banking. Right now with the reserve requirement at 0% we have no reserve banking. Crazy!
I think bitcoiners need to be honest, that in the future on a bitcoin standard, there is risk of fractional reserving bitcoin. Rumors are Coinbase is doing it now.
I think education comes KEY here!
Always remember, "stupid people are everywhere."
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