First of all please let me take a stance regarding fractional reserve banking: accepting deposits, putting a fraction aside and lending out the remainder is the standard way any and all banks operate, regardless if they use gold, green paper or bitcoins. The notion that fractional reserve banking is somewhat only possible if enabled by a central bank is a Zeitgeist conspirationista type of fallacy. One who doesn't understand what fractional reserve banking is, and the way it enables monetary expansion from M1 to M2, like our friend here AV, is nothing but a crackpot armchair economist who does not even warrant a response.
You don't even know the difference between armchair, amateur, professional, and expert and which two are worth talking to.
In any case this [blank] economist can buy diapers at a significant savings over last week and business for the supplier has made it possible to find even cheaper suppliers in larger quantities. 6 years ago my economics knowledge was not worth much.
Now I'm getting into the loans business and have the audacity to stay in BTCs as much as possible.
The rest of your response is a load of copy pasta.