Saturday, 6 May 2023

"Banks exist on the basis of trust. They are really just, don't take this the wrong way, sophisticated Ponzi schemes. And they work when everybody trust each other." - U.S. Senator John Kennedy

"Banks exist on the basis of trust. They are really just, don't take this the wrong way, sophisticated Ponzi schemes. And they work when everybody trust each other." - U.S. Senator John Kennedy submitted by /u/sandakersmann
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source https://www.reddit.com/r/btc/comments/138w7xf/banks_exist_on_the_basis_of_trust_they_are_really/

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