"Fractional reserve is just banking" this seems like it translates to: If you need someone else to hold your Bitcoin for you, you risk rehypothication.
Doesn't bitcoins qualities allow me to not need an external bank?
https://fountain.fm/episode/kiUyNnsb2GCEDthCRjwu
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yes, assuming you hold the bitcoin itself. if you dont and prefer to leave them on a bank or a exchange you do risk rehyphotication. the difference is you dont have to and have the choice