RE: PayPal's Crypto Announcement - The Good and the Bad
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That's the temptation of fractional reserve. Hopefully they will play honest banker.
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You are viewing a single comment's thread:
That's the temptation of fractional reserve. Hopefully they will play honest banker.
If they ever decide to buy Bitcoin as a treasury asset, they will haven even more than 100% reserves. This can't be ruled out anymore.
The paypal CEO already owns Bitcoin for a few years, let's see what they do.