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CD85: Bitcoin and Global Recession with Dylan LeClair

Citadel Dispatch

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The Origin of Fractional Reserve Banking

The idea that you go fractional reserve banking just as a normalized concept. Well, I mean, now that it's fractional reserve, it's a fucking issue. But if you have been fractional reserve for the last century, but you should be able to just withdraw,. Like if you can't withdraw your money from a bank, like what's the point of theucking bank? They're supposed to be holding your money. To lend your money at interest. And even if I'm good, people are like, holy crap. I got to go withdraw and so then the whole thing screwed.

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