* Another subject that I recently began to write about, and did not yet finish: Fractional reserve banking is mathematically impossible with Bitcoin. Because fractional reserve banking is not what most people think it isit is worseit creates money out of thin air, whereas it is impossible to loan new bitcoins into existence out of nowhere.
Sorry, but that's just ignorant. It is also impossible to create gold (the elemental metal) out of nowhere. Explain me paper gold and gold leasing. The physical metal as a financial asset is undercapitalized by an inscrutable multiple.
_Impossible_ to suffer such rehypothecation? Not at all, young padawan.