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Well, what will happen is that there's now going to be great pressure for all exchanges to prove they are not in a fractional reserve state (one of the advantag
by drcode 13y ago
Well, what will happen is that there's now going to be great pressure for all exchanges to prove they are not in a fractional reserve state (one of the advantages of bitcoin is that it makes such a proof possible.)
It'll be interesting to see how many of them can provide such a proof... I'm guessing most of them can (but only time will tell)
If they successfully provide this proof, there's no reason to expect a bank run.