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It was all fake, and eventually that became clear to. Bullish group is majority owned.
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?? Bitcoin is Returning to the TRAP of the Fractional Reserve Banking SystemWhat FRBs can provide is a close substitute where the backing for the deposits consists of loans, reserves, and other assets (such as Treasury. Fractional Reserve Banking with Bitcoin is possible and practical. It is already implemented with CoinLenders. There is no fundamental. This is fractional reserve banking (where only a fraction of customer deposits need to be held in the bank's reserve) and it's a widely-known.
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