2 ms·
Interesting, but I suspect "real" banks have a long time ago devised a better solution: instead of storing money, they lend it out to other people. That is pres
by Tichy 14y ago
Interesting, but I suspect "real" banks have a long time ago devised a better solution: instead of storing money, they lend it out to other people. That is presumably how they make most of their money.
But perhaps the old school "let's store money in a vault" thing becomes viable again with BitCoin, will be interesting to see.
- icebraining 14y agoOn the other hand, storing USD or EUR on a "real" bank will effectively leave you with less money than you put in, unlike Bitcoins which have been gaining value even when sitting still.