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That's a good point. Can we say that fully reserved banks custody money?
I use the bank analogy because I've heard folks compare ecash mints to a free banking system.
It makes the analogy more accurate I think. Original DigiCash was made to be used by banks.
That's a good point. Can we say that fully reserved banks custody money?
I use the bank analogy because I've heard folks compare ecash mints to a free banking system.