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Beginners & Help
Re: Hi! BitCoin Fully Decentralized Hard Asset Backed Bank!
by
rusane
on
05/04/2013, 03:57:49 UTC
Quote from: laffenlarry on April 05, 2013, 01:06:04 AM
... and you can Earn INTEREST!
I am curious; how do you pay interest without engaging in fractional reserve lending or otherwise debasing the currency through the money multiplier effect? Doesn't this undermine Bitcoin's raison d'etre?