SLP354 Josef Tetek - Why is Bitcoin HODLing rational?
Stephan Livera Podcast
00:00
Is There a Difference Between Full Reserve and Free Banking?
Joseph: There could be exchanges ar there who are secretly fractionalizing the reserves. From your point of view, how do you square that circle? Joseph: Well, it all depends on what the contract says. Ande when we actually look into the debate of free bankers in terms of like ow free banking, or the banking system under the gold standard should be managed. He borrows lot of legal arguments and makes the case for why a fractional reserve banking is a type of fraud.
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