The fact that the normie is yet to understand this problem, how on earth would they understand the reason for #bitcoin's existence?
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And its waaaay worse than the absurdity he just described.
The old-school 10:1 fractional reserve banking went away In 2020. TheFederal Reserve dropped the required reserve ratio to 0%
Banks are no longer legally required to hold any fraction of deposits.
🧡👊🏻🤪
Sometimes the ghouls have no option but to tell you the truth but even then most still don't listen
It's like giving junkies access to a room full of cocaine and expecting them to remain clean 😂 I am sure the real ratio now is like 1:400. The Enron guys must be blushing and kicking themselves for not getting a banking license instead
Absolutely this! ⚡🔥