Nostr Web Client

In the future, most #Bitcoin may not be in self-custody, and fractional reserve systems could be built on top of it - just like what happened with gold over the past 2,000 years.

But with Bitcoin, when a custodian f*cks up, it will be liquidated back to the Bitcoin standard. There will be no money-printing tricks available to dilute people's savings.

Bitcoin holds you accountable!

Your thoughts? 🤔

#CentralBanking #Banking #Inflation #MoneyPrinting

Bitcoin Memes 1y ago

Fractional reserve is cancer. Stay with bitcoin or stay in Fiat. Your choice

Reply to this note

Please Login to reply.

Discussion

🇨🇭 The Swiss Hodler | Bitcoin = Freedom 1y ago

True 🤝

Mî¢h&|3 Dëgli Ü3ę®tį 1y ago

Wishful thinking IMHO. With widespread fractional reserve banking sooner or later you'll get legal tender and Central Banking, because moneylenders have always an incentive to save their accounting tricks' based businesses and networks, thus keep making money, with the help of a leviathan and its physical coercion.

🇨🇭 The Swiss Hodler | Bitcoin = Freedom 1y ago

We have an orange dream 🧡😎