0 sats \ 1 reply \ @jase 8 Jun 2023 \ parent \ on: always love a good reminder of why we're right on track bitcoin
The problem with banks is the fractional reserve system so if you have money in there and you want it all out it’s not there
Have they reversed the 0% bank reserves ?
Easier to bank run especially in this day and age and incentivizes worse behavior on the bank side
I think this is good for people to look at alternatives especially the ones that don’t understand or care to look at why they can’t take out more and just want their money now, they will find the easier route and that is when BTC will take off. BTC needs to get easier to attain for the person that doesn’t care to look up how to do things and just wants it.
Yes. And none of your points apply to physical cash only. They apply to book money as well. You're not disagreeing with me so far :)
reply