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All I'm saying is that it won't be hard at all to loan out more bitcoin that you have, if you're a bank.
by emiliobumachar 14y ago
All I'm saying is that it won't be hard at all to loan out more bitcoin that you have, if you're a bank.
- jacquesm 14y agoTry borrowing me a bitcoin that you don't have so I can spend it as a bitcoin. Then imagine doing that 'as a bank', either you have a bitcoin or you don't, you can't borrow one you don't have. Bitcoin is very subtle in this way and it seems as though lots of people underestimate the amount of thinking that went into it.