The Future of Bitcoin

Bitcoin is not prepared to replace the dollar necessarily as a medium of exchange but it can replace u.s. treasuries and we can still have I mean trust is still an important part of being a human being. Caitlin Long at a Wyoming just tried to do a bank um that would be you know kind of considered a narrow bank whichyou know would have a one-to-one reserve. The federal reserve didn't give it federal reserve status because if one bank went narrow it would mess up every other fractional reserved in the whole system.

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