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So maybe I don't understand this, but one of the purported advantages of cryptocurrencies is that the supply cannot be expanded by loose credit. Thus it is see
by JackFr 9y ago
So maybe I don't understand this, but one of the purported advantages of cryptocurrencies is that the supply cannot be expanded by loose credit.
Thus it is seemingly impossible (to me at least) for a bank to for a bank to extend credit.
- nopzor 9y agoEven if the supply of the currency can't be expanded, can't credit still be issued from the supply of currency that the lender has?