Quote from: Cryddit on May 14, 2016, 03:17:39 PM

Quote from: Ultrafinery on May 14, 2016, 01:30:24 PM

Quote from: coinpr0n on May 14, 2016, 09:34:38 AM

Banks should really be scared of bank runs, if everyone took out their money at the same time. It would expose how they run on unsustainable fractional reserves and exorbitant fees. They are "good" at lending out that isn't even there.

Won't banksters just print more of their filthy fiat out of thin air? Ain't that what they do?

With central banks and fiat currencies, yes.

That's what coinpr0n is talking about, conventional banks. because there are no Bitcoin banks left to worry about bank runs. They all ran away themselves (Bitcoin Savings & Trust, Bitfunder, NoeBee, etc., etc.)

Quote

Bitcoin has no central bank that can issue more coins, so that particular problem isn't real.

Sorta. There are dev teams bidding for power. Recently the owner of this forum had some interesting ideas, like destroying coins that weren't his to destroy, because "old coins should be destroyed before they are stolen to prevent disastrous monetary inflation."
Sounds central bankish to me (other than the bit where he doesn't know what monetary inflation means,that is) Undecided