Fractional reserve banking = you don’t need to spend any energy to create value
Full reserve banking = you need to spend a lot of energy to create value.
Fractional reserve banking ==> you can create value without spending energy and you can steal all the time people put into creating real stuff.
Full reserve banking ==> you need to spend a lot of energy and you cannot steal people’s time they put in creating real stuff.
Storyteller / storyteller
npub18h…lpn5n
2024-09-02 08:15:39
in reply to nevent1q…6uf0
Author Public Key
npub18hj7qczx4ny04z6gt2n86lpj806lku5c976xqjunu2p4qd2rhsds2lpn5nPublished at
2024-09-02 08:15:39Event JSON
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"content": "Fractional reserve banking = you don’t need to spend any energy to create value\n\nFull reserve banking = you need to spend a lot of energy to create value.\n\n\nFractional reserve banking ==\u003e you can create value without spending energy and you can steal all the time people put into creating real stuff.\n\nFull reserve banking ==\u003e you need to spend a lot of energy and you cannot steal people’s time they put in creating real stuff.",
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