Topic - Biggest Scam EVER

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2369d
2366d
Fractional reserve is a plague.
2366d
2366d
LN is IOU
2365d
Yeah well for that LN have to work in the first place. So it's more like an unusable trash than an IOU ATM.
2365d
religions
2362d
2362d
We should make a fractional reserve crypto :D
2362d
It's called BTC and LN network.
2362d
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.
2358d
Official source by the scammers themselves entitled "modern money mechanics". https://bit.ly/2JmUS7R
2358d
Should have been entitled modern slavery system to be more accurate.
2310d
2310d
I'm asking seriously - can you find pros for the current fiat system and cons for the gold standard or they have only flaws?
2310d
if you can do fractional reserve with gold or BCH you can do it with whatever tokens you're talking about.