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Bitcoin a b c
When you are a bankster you have a license to create unlimited fake money for free to make yourself richer at the expense of everyone else. If you and I decided to do something like that without a banking license we would be in prison for life the same day they catch us, but the bank has the right because it can create enough money to buy the government and go after everyone who stands against them. If you can print the currency of a nation it doesn't matter who make the laws you will print enough to buy them out. But the question is how the process of the banksters creating money works? When you deposit your money in a bank the money doesn't stay in the bank behind an iron wall waiting for you to withdraw it, if it were like this you would find your 10K dollars in the same moment when you need to withdraw it, but the bank only has a the small fraction of what was deposited and had multiplied it by 100 to loan it to another person at a big interest on your money. This means that the bank only has 1% of the money that everyone has deposited, this act is called "Fractional Reserve" I think it would be more honest if they called it "Fractional Counterfeiting" The problem is that every time someone deposits money in a bank, they multiply the total number of currency units in the economy from 5 to 100 times (depending on the value of the money). This is how the Banksters create most of the currency through the banking system.
If everyone decided to withdraw their money at once from the bank, they would be a run on the bank which would cause them to close their doors, only the people who withdraw their money first will get their money out. Piecover
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