BitCoin, Fractional Reserve Banking, and lesson of history.
Hi Great BitCoin Community!
I made a video where I explain what is the impact of the fractional reserve banking on the economy, and how bitcoins can fix that. Additionally I discuss how did we handle corrupt bankers in the Europe during the middle ages (small hint: burn baby, burn
)
http://www.youtube.com/watch?v=eE2WwimVhtI
Please comment, and thanks for watching!
Cheers,
Jozef
I made a video where I explain what is the impact of the fractional reserve banking on the economy, and how bitcoins can fix that. Additionally I discuss how did we handle corrupt bankers in the Europe during the middle ages (small hint: burn baby, burn
)http://www.youtube.com/watch?v=eE2WwimVhtI
Please comment, and thanks for watching!
Cheers,
Jozef