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The crypto bank that puts deposits to work can pay interest. The 100% reserve bank can’t. That’s how it competes. Consumers will use it because they already us
by landryraccoon 8y ago
The crypto bank that puts deposits to work can pay interest. The 100% reserve bank can’t. That’s how it competes.
Consumers will use it because they already use banks without 100% reserves such as Bank of America, HSBC, any current bank in the banking system...
- DennisP 8y agoYes but banks are protected by the mechanisms I mentioned.