Now that the banks can hold bitcoin, they will run fractional reserves on those accounts and try to make it a cash flowing asset. It’s all that they know.
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Now that the banks can hold bitcoin, they will run fractional reserves on those accounts and try to make it a cash flowing asset. It’s all that they know.
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Now that the banks can hold bitcoin, they will run fractional reserves on those accounts and try to make it a cash flowing asset. It’s all that they know.
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yup
if the banks and other institutions adopt it they absolutely *will issue shitcoins they claim are backed by Bitcoin reserves.
and the people you're talking about will not care about the difference.
yall keep pretending they're just going to give up the ability to print money.
because something something Bitcoin
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That's what ftx did, worked out well
Trying to make a cashflow from an always appreciating asset is picking Pennies in front of a steamroller.
Sooner or later the people borrowing the asset will fuck up.
They will make their own network like lighting. You will use it en masse because it will be provided en masse. Now nothing wrong with that if we're already using it.
And then, only then will we realise that it always needed to be on chain.
Now that the banks can hold bitcoin, they will run fractional reserves on those accounts and try to make it a cash flowing asset. It’s all that they know.
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it's ok, we can bail them out
Was always going to happen.