P&Ns middle name is and

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Pohemi

Lifer
Oct 2, 2004
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RnR_au

Platinum Member
Jun 6, 2021
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Am I missing something? Isn't the whole premise of fractional reserve banking that banks dont need to cover 100% of all deposits at all times, thus allowing them to make loans/investments and further economic growth?
You are not their audience. They are speaking to the lower educated internet users who may not have any crypto in their assets or only a small fraction of their wealth stored in crypto. The cryptobro's wants to change this, and clearly some FUD is being served up in an attempt to reach that goal.
 
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