Post
Topic
Board Beginners & Help
Re: Hi! BitCoin Fully Decentralized Hard Asset Backed Bank!
by
rusane
on 05/04/2013, 03:57:49 UTC


... 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?