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Topic: [2016-03-27]The Viability of Bitcoin In A Full-Reserve Banking Scenario (Read 284 times)

legendary
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The Viability of Bitcoin In A Full-Reserve Banking Scenario

Bitcoin could be an interesting option to tackle full-reserve banking in the financial industry. The way this could work is by using Bitcoin as a hedge against banks, and assets could be accounted for on the blockchain. Transparency in full-reserve banking is of the essence, yet it is also one trait most banks are lacking right now.

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