This is probably only point I am going to agree with you.
Therefore picked it up, so we don't depart in bad mood. 

My stand is that in case of Bitcoin the reserve rate will be 100% in long run (and would be with every currency unless government creates central banks and bailouts insolvent institutions). Only 100% reserve would work for Bitcoin banks because nobody can create central bank for Bitcoins.

OK, even though we disagree, it was nice to have this thread.

Take care!