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Buddy Wells
Public Finance Advocate, Musician, Economic Thinking Blog #PublicMoney for #SAProductiveSector #PayGapModeration
But say goodbye to any kind of deposit insurance. And no banks can be bailed out by central banks, if there is a run on them, or if the banking sector as a whole faces a liquidity crisis.. and there will be liquidity crisis.
Dec 31, 2025
He has blocked me (and vice-versa) but that needn’t keep others from telling @BitcoinBombadil that he’s talking out of his neck. Of course you can have fractional reserve banking with any sort of base money, including Bitcoin, just as Hal Finney supposed.
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