"Fractional reserve is just banking" this seems like it translates to: If you need someone else to hold your Bitcoin for you, you risk rehypothication.

Doesn't bitcoins qualities allow me to not need an external bank?

https://fountain.fm/episode/kiUyNnsb2GCEDthCRjwu

nostr:nevent1qvzqqqpxquqzqu9vv7wvh7vkrc74lw8tgfuwhxg0d252z84e4rjkexvu8uwg95nulgr6pe