Satoshi Nakamoto on why fractional reserve banking is dangerous in 2009. “The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” πŸ‘ #Satoshi #Nakamoto #fractional #reserve #banking #dangerous #central #bank #trusted #debase #currency #history #fiat #currencies #full #breaches #trust


Satoshi Nakamoto on why fractional reserve banking is dangerous in 2009. “The central financial institution have to be reliable not to debase the forex, but the record of fiat currencies is total of breaches of that rely on.” πŸ‘

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Comments (2)

  • Select-Struggle-9172 Reply

    Who was the registrar for Bitcoin.org in 2009? How come none of the employees at that registrar have leaked the real identity of Satoshi Nakamoto?

    Who owns Bitcoin.org today? Who will ensure that the ownership of Bitcoin.org does not get taken over by rogue parties in the future?

    March 16, 2023 at 7:20 am
  • No_Insurance6064 Reply

    Wise and generous man. BTC is huge, I didnt realized it before, but when you suddenly wake up…

    March 16, 2023 at 7:20 am

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