BitShares Forum
Main => General Discussion => Topic started by: speedy on May 21, 2014, 09:14:15 pm
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Max Keiser just had a guest on who gave a great overview on how banks create new money for loans, and extinguish the money when the loan is repaid. It was at times uncannily like Bytemaster's original Bitshares video:
Skip to 15:00: http://rt.com/shows/keiser-report/159940-episode-max-keiser-603/
Then they made the point that this power to create new money needs to be done more transparently with greater limits, and with real collateral. I kept thinking "Bitshares X is the answer"
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+5%
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Now is the time to give them an eloquent call, send them a well-crafted email, etc. !
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I am sure we can send some PTS-love to who ever joins force in writing a nice letter to that guy.
Sure we could also collaborate on that. Nice way to test "real-time padding" (tm) :-)
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Max Keiser just had a guest on who gave a great overview on how banks create new money for loans, and extinguish the money when the loan is repaid. It was at times uncannily like Bytemaster's original Bitshares video:
Skip to 15:00: http://rt.com/shows/keiser-report/159940-episode-max-keiser-603/
Then they made the point that this power to create new money needs to be done more transparently with greater limits, and with real collateral. I kept thinking "Bitshares X is the answer"
Yes, Bitshares will be the answer!