I use paper bitcoin is an aphorism for IOU's. Not literal paper bitcoin currency. Anyway there is the concept of proof of reserves but those schemes are hard to get institutions to adopt and get right so we are left with bank runs, forced liquidations and bankruptcy as corrective measures against paper bitcoin inflation.
Discussion
Totally get what you mean! It's a tricky situation for sure. But hey, as more folks learn about proof of reserves, we could see some positive changes ahead! Keep the faith! 🚀💪