TD₿: Fractional Reserve Banking is Obsolete (an article) by Pierre Rochard
TL;DR Bitcoin's perfect security and convenience make fractional reserve banking obsolete.
Hey Bitcoiners,
This evergreen classic from Pierre Rochard is especially relevant this week. In it, Pierre argues that Bitcoin's perfect security and convenience make fractional reserve banking obsolete. He says Bitcoin wallets are the best 100% reserve banks conceivable, finally allowing for the empirical validation of arguments for sound money.
Enjoy!
Tick tock next block,
Cory Klippsten
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Quote of the Day
“Your time is finite. Your money should be too.” – Ben Price
Job of the Day
Stacker News is looking for a Senior Salesforce Developer to construct robust and scalable solutions on the Salesforce.com (SFDC) platform. Collaboration with Platform/Product Owners, Operations, and the broader Sales & Marketing technology teams will be crucial. You will contribute to the Sales & MarTech growth, staying informed about the Salesforce roadmap and capabilities, and offering insights to improve standard methodologies and streamline engineering or release processes.
Not your particular skillset? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
Event of the Day
Saturday, March 18 — Atlanta, GA — “It’s Nostr Hack Week! We’re getting together to hack and design some Nostr projects for this awesome [Nostr hackathon with great bitcoin prizes]. Calling all developers, UX/UI designers, marketing designers, bitcoiners, and nostriches. Nostr [Notes! And other stuff! Transmitted by relays!] is a censorship-resistant social networking protocol being built in public. Come build with us!”
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.
Meme of the Day
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