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2024-08-04 18:48:14

The Bitcoin Blok on Nostr: We hate to revisit this concept over and over but it's our job to spread the message ...

We hate to revisit this concept over and over but it's our job to spread the message and awareness to those seeking alternative options. If this smells fishy to you then I suggest opting for the #Bitcoin standard. #BitcoinBlok

#Fractionalreserve banking allows banks to loan out most of a deposit while keeping a fraction in reserve. This multiplies the money supply, turning a $10,000 deposit into $100,000, creating $90,000 in new money.

#bank #money #Plebchain #BTC #BeOG
Author Public Key
npub1fvs2vqkch6csfn4uuuskh2r0cmnc0q2dpqypkczc6s0dpdt3206sy07vsz