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#337: Q1 2022 Monetary Base Update with Matthew Mežinskis

TFTC: A Bitcoin Podcast

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Is There a Free Banking System?

i think a lot of listeners are believers ind f fully reserved, bian backed, a global banking system. But i do think there can be a a free banking system built on biin is etable. I'm absolutely a believer that that could happen. And if that does, an ah, it would be a unique, new type of money that had never been seen before. It's not quite accurate to call the to call lightning a feduciary system. The mechanism of lightning in general, is s i want to call it faduciary. Just call it money Whatever you like. Some are better than others but some can do quicker than others. All those things we talked

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