3 ms·
>At what point, given normal business conditions, would you need to hold 100% of deposits? At the point where you're not a lending bank, which Gox is not. They
by commandar 13y ago
>At what point, given normal business conditions, would you need to hold 100% of deposits?
At the point where you're not a lending bank, which Gox is not. They shouldn't have been running a fractional reserve at all.