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Hmmh, I can see how you might take a more charitable interpretation of that claim, and maybe this does fall in the category of semantic disputes. > we already
by baobabKoodaa 6y ago
Hmmh, I can see how you might take a more charitable interpretation of that claim, and maybe this does fall in the category of semantic disputes.
> we already agreed, deposits at non-bank institutions are not considered money.
...due to a technicality / accounting conventions. Yes, I conceeded that already in the original revision of the article. Nonetheless, I made a pretty good case why the IOUs created by Full Tilt Poker could be considered money, even though they were created by a non bank institution. Yes, the IOUs created by banks are "more like money", but in my view, the difference is not that large.