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When you allow banks to fractional reserve, you allow every bank to be bankrupt. There’s not one bank in the world that participates in fractional reserve bank that could survive a bank run. Banks are not safe, never have they been.

The Central Banking Dilemma

The volatility will continue until the Money Printer can’t brrr

I go on Instagram and look what I see from a crypto account 🤦‍♂️ The toxicity was flowing through my veins, I let them know we already have Nostr 😂

In this short video the 3 Stooges demonstrate exactly how fractional reserve banking works, and why it’s ludicrous 😂 Today the reserve rate isn’t $10 for $60, it’s $0 for infinite dollars. That’s why we say all money is CREDIT. #Bitcoin  fixes this.

Bitcoin Maximalism is not that hard to understand. You finally control your money and no one controls the monetary system. The first time we’ve ever had this, gold came close. Everyone benefits from this system.

Proof of Stake is not a substitute for Proof of Work