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Sir Zalo :verified: (zalo@noauthority.social)'s status on Friday, 12-Apr-2024 08:11:04 JST Sir Zalo :verified:

Banks no longer keep cash.
In conversation about 7 months ago from noauthority.social permalink
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  Stuxnet1984 (stuxnet1984@noauthority.social)'s status on Friday, 12-Apr-2024 08:11:03 JST Stuxnet1984
  in reply to
  
  @Zalo And these people are shocked?! Awakening is knocking on their door and yet they still don’t see it coming.
  
  In conversation about 7 months ago permalink
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  mk (mk@mastodon.satoshishop.de)'s status on Friday, 12-Apr-2024 08:11:03 JST mk
  in reply to
  - Stuxnet1984
  @Stuxnet1984 @Zalo
  "what's in the bank if there's no cash[..]if you open up the safe, what's in it?"
  a loan certificate (IOU)
  https://mastodon.satoshishop.de/@mk/110979837928836433
  In conversation about 7 months ago permalink
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    mk (@mk@mastodon.satoshishop.de)
    
    from mk
    
    march 2017 richard werner 00:16:23 "if you give your money to a bank[..]this money is simply a loan to the bank[..]banks borrow from the public[..]deposit is simply a banks record of its debt to the public[..]banks create the moneysupply[..]79% of 'bank deposits'[..]created out of nothing[..]banks create the money supply by inventing these claims on themselves. these fictitious deposits." https://peertube.satoshishop.de/w/tRwM17m4uD6TmSyr8Jg23T?start=16m22s
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  mk (mk@mastodon.satoshishop.de)'s status on Friday, 12-Apr-2024 08:11:23 JST mk
  in reply to
  - Stuxnet1984
  @Stuxnet1984 @Zalo
  these people have zero clue.
  
  In conversation about 7 months ago permalink

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