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1. Having something equivalent to account with a username and a recoverable password. 2. Credit systems where you loan money to other people based on other's d
by QML 8y ago
1. Having something equivalent to account with a username and a recoverable password.
2. Credit systems where you loan money to other people based on other's deposits has a multiplier effect [1].
[1] https://en.wikipedia.org/wiki/Money_multiplier https://en.wikipedia.org/wiki/Money_multiplier
- BLP4YC 8y agoNow I understand you first point. Did not know about the Money_multiplier. Cool info, thanks!