Why Nostr? What is Njump?
2024-01-30 17:44:28
in reply to

Drew F on Nostr: This article claims bankers have an incentive to commit fraud and lend out their ...

This article claims bankers have an incentive to commit fraud and lend out their depositors money. This is incorrect on a bitcoin standard because there is a shared ledger where addresses can actually be verified. If they choose to be dishonest they will be immediately ran and put out of business.

Why do you think full reserve won't exist?
Author Public Key
npub1swcjnlt57e536fsvz2txpmxzn87r4yfc3jux5xjtf2adqf8dt5eqjc9cwd