Topic - Biggest Scam EVER

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2381d
2378d
Fractional reserve is a plague.
2378d
2378d
LN is IOU
2377d
Yeah well for that LN have to work in the first place. So it's more like an unusable trash than an IOU ATM.
2377d
religions
2374d
2374d
We should make a fractional reserve crypto :D
2374d
It's called BTC and LN network.
2374d
The problem is not fractional reserve banking itself. The problem is that those who operate and patronize such an irresponsible system are insulated from its inevitable consequences.
2370d
Official source by the scammers themselves entitled "modern money mechanics". https://bit.ly/2JmUS7R
2370d
Should have been entitled modern slavery system to be more accurate.
2322d
2322d
I'm asking seriously - can you find pros for the current fiat system and cons for the gold standard or they have only flaws?
2322d
if you can do fractional reserve with gold or BCH you can do it with whatever tokens you're talking about.