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And call it a bank. And as long as you're charging less than it would cost them to store money themselves at scale, that would work...
by tempestn 7y ago
And call it a bank. And as long as you're charging less than it would cost them to store money themselves at scale, that would work...
- javert 7y agoIt's not really a bank because you aren't making loans because interest rates are negative. If interest rates were positive, you would want to make loans, but then nobody would want to put physical euros into your vault in the first place.