Re: Fractional-reserve banking in Bitcoins - nothing prevents it!
by
bitcoin.monger
on 26/06/2011, 06:30:21 UTC
Adam, thank you for your opinion on my IQ! Retarded as I am, please explain how the bank (which one?) can "deposit" BTC100 in the block chain if said bank does not own BTC 100 to clear the transaction.