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"fractional" isn't a thing and Mt. Gox was not engaged in fractional reserve banking.
by Avshalom 13y ago
"fractional" isn't a thing and Mt. Gox was not engaged in fractional reserve banking.
- Mtinie 13y agoMt. Gox was "fractional" (as in actual holdings versus expected holdings), but you are correct that it is not accurate to describe it as a "fractional reserve" banking operation.