jackspirko on Nostr: Bro you are the one here making the claim the burden of proof is on you. Fractional ...
Bro you are the one here making the claim the burden of proof is on you.
Fractional reserve is a system of baking where the monetary supply (M3) is increased via lending.
So you convince me that L2/L3 increases the monetary supply of sats or give up on this stupid claim.
I said it elsewhere but I will say it again here, it is like you simply do not know what fractional reserve is. Seems like you think it simply means paper money or IOUs or something like that. It does not.
Fractional reserve is based on DEBT and every loan adds dollars to the supply.
Published at
2024-07-04 20:43:20Event JSON
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