Great news! My bank temporarily APPROVED my request to send more than $1000 per day.
How kind of them to let me use my own money 😂
Well technically it’s not your money if it’s in the bank.
By depositing your money you’ve given them permission to loan out that money.
That’s why there is a push for a cashless society. Banks do not hold enough money for all their deposits right now. With cashless they dont need to back it up with anything.
Remember cash is king, but the next best step is using an anonymous P2P cash which is backed by proof of work and has enough decentralization node wise
By depositing your money you’ve given them permission to loan out that money.
That’s why there is a push for a cashless society. Banks do not hold enough money for all their deposits right now. With cashless they dont need to back it up with anything.
Remember cash is king, but the next best step is using an anonymous P2P cash which is backed by proof of work and has enough decentralization node wise
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