if you study the space you'll find that many banks do not want to fractionally reserve but they are, again, forced to by US banking regulations.
I'm guessing you don't really know as much about commercial banks as you think. But if you dig into it you'll find that the way banks operate, in a predatory and hostile way, is caused primarily by the draconian regulations they are forced to follow to maintain their licensing.
BitcoinStu
npub1ua…dx9cn
2024-08-20 19:11:04
in reply to nevent1q…sptv
Author Public Key
npub1uavkq2z6vqczd772ple0p0k44ncjcxv5lg4sq6r069aagvra47uq2dx9cnPublished at
2024-08-20 19:11:04Event JSON
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"content": "if you study the space you'll find that many banks do not want to fractionally reserve but they are, again, forced to by US banking regulations.\n\nI'm guessing you don't really know as much about commercial banks as you think. But if you dig into it you'll find that the way banks operate, in a predatory and hostile way, is caused primarily by the draconian regulations they are forced to follow to maintain their licensing.",
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