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My (off the cuff) theory is they want the money to stay in the banks and the reason is the same as for them getting rid of large denomination bills to make the
by UncleEntity 8y ago
My (off the cuff) theory is they want the money to stay in the banks and the reason is the same as for them getting rid of large denomination bills to make the friction of holding cash higher. Can't really recapitalize the banks if everyone has their money on some blockchain or in their mattresses.