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Is Fractional Reserve Banking a Ponzi Scheme?

• cjensen 12y ago
  No. Ponzi schemes do not have a reserve, and there are no salable assets available for paying back the entirety of the deposit. Asking an easily-refuted question like this is little more than petulant foot-stomping from a Bitcoin aficionado upset at the reasonable comparison between Bitcoin and Ponzi schemes. It reflects poorly on the author.
• eip 12y ago
  It's worse. It's monopoly money.