Post
Topic
Board Economics
Re: Is Fractional Reserve banking possible with Bitcoin?
by
SPC_Bitcoin
on 21/10/2013, 07:03:41 UTC
bitcoin requires no bank. having or using a bank for bitcoin would be stupid. put it in your wallet and leave it there, or spend it, or loan it. I don't recommend loaning it, unless you know and trust the person, get collateral.

without a bank there can be no fractional reserves.

the fractional reserve system is a scam against everyone but the bankers.