Fiat loans are naked shorts.
Naked shorts are fractional reserve lending.
They expand the supply as long as a loan balance exists.
- nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42
#BitcoinTwitter

Fiat loans are naked shorts.
Naked shorts are fractional reserve lending.
They expand the supply as long as a loan balance exists.
- nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42
#BitcoinTwitter

That are things most people can grasp.
But if one realizes fiat is debt... 🤔
What exactly is it, if people are saving in fiat 🤷♂️
To next realize inflation is good for those saving accounts since it reduces the real value of that pile of debt 🤯
But Bitcoin is hard to understand and a risk 😇