Quote from: jbreher on Today at 07:12:40 AM

Quote from: nullius on September 18, 2020, 05:44:44 AM

* 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.

Yeah, nothing is impossible

First: Bitcoiners need no gov, banks, feds and regulators rules

Now: Satoshi roundtable was the gov / feds, Kraken gets bank, DeFi new rules and eth / btc charge same fees as banks and defi lords fucks same average Joes u told they are better off with Bitcoin

Lol