bitcoiners re-inventing free banking after already delivering a fatal blow central banks:
The risk with free bank is that without the fees the bank owner can runaway with all your money eventually
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federated free banking with multisigs gets interesting though
Yes, but it should be gamified the same way as PoW. That’s what made #bitcoin interesting in the first place. Some kinds of individuals love to play the hard game. Hashing is the hardest game actually.