Or loans will be given based on real risk/return assessments and not get rich quick schemes. A return to accountability and real problem solving
Discussion
this is literally how traditional banks operate...
Yeah I think we’re on the same page here. The idea of banks will always exist in some semblance. A bitcoin standard would in theory force a type of balkanization of community banks, credit unions, etc and deleverage the system. Nothing “too big to fail”