BitcoinMendocino on Nostr: Imagine you got paid with cake. To keep your cake safe you put it into a secure ...
Imagine you got paid with cake. To keep your cake safe you put it into a secure bakery…let’s call it a bankery. Meanwhile the bankery is selling your cake to someone else. So the bankery only holds a slice or two in case you want some.
Welcome to fractional reserve banking.
Published at
2024-06-24 18:11:05Event JSON
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