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SLP469 Is the World Really Dedollarising? with Peter St Onge

Stephan Livera Podcast

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Bitcoin's Frustrational Reserve Banking

In a Bitcoin standard, you can transact in a fully reserved system. There's no question of am I transacting on the fractional system here or the full result. You're holding your own keys. And we are natively without really having to think about it because all the work is being done at the software and hardware level. It's technically ensuring and keeping us at a full reserve system. The fiat system is absolutely insane. It is Baroque. It's this Rube Goldberg machine. That's not by accident. No, it is an intentional fraud. It is too deceived people.

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