
SLP402 Pierre Rochard - Bitcoin Obsoletes Fractional Reserve Banking
Stephan Livera Podcast
00:00
Is Liquid a Substitute?
The best level of trust is jus inor, you know, like on an address to which you control the private keys that you've verified with your own bit coin. So i'm curious as well then, because people might be thinking, ok, pierre, like, if we're accepting this idea that, ok, bit coin is obsolating fractional reserve, what does that mean then for business? Because again, they've grown up in this world where we have this fee up money. And they're used to business funding itself through debt or expansions. I think the, i another, it's a different adressing all economically," he says.
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