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The fact that a bank can lend 8 or 10 times the money it actually has in its vaults is, in any other context, what would be called fraud or a Ponzi scheme. The fact that it's backed by the central bank and the state doesn't make it more ethical, only bigger and more dangerous, fuck tour money #grownostr #freedom #bitcoin

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Plot twist, It’s backed by central banks with debt #unsustainable #nothingstopsthistrain image
Ξ›.M's avatar Ξ›.M
The fact that a bank can lend 8 or 10 times the money it actually has in its vaults is, in any other context, what would be called fraud or a Ponzi scheme. The fact that it's backed by the central bank and the state doesn't make it more ethical, only bigger and more dangerous, fuck tour money #grownostr #freedom #bitcoin
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