Post
Topic
Board Bitcoin Discussion
Re: USD *is* a virtual currency
by
BitcoinHoarder
on 11/07/2011, 14:58:18 UTC
Im pretty sure banks have whatever amount of currency they got somewhere as "real" currency. Coins etc.

LOL...I'm pretty sure this was a joke people.  And a good one!

Really? I highly doubt it was a joke, the guy who pointed out http://en.wikipedia.org/wiki/Fractional_reserve_banking was smart to do so.  Only a very slim percentage of people understand how modern banking functions.