Bitcoin backed banks will solve these problems. They can work like banks did before nationalization of currency. Different banks can have different policies, some more aggressive, some more conservative. Some would be fractional reserve while others may be 100% Bitcoin backed. Interest rates may vary. Cash from some banks may trade at a discount to that from others. If you have learned something valuable, donate a couple sats to Max as a thank you note: 3DqEnU6dW6bZesrVdThrrQjQKgN7dpY5vv https://tallyco.in/HillebrandMax Support the show by buying bitcoin on https://hodlhodl.com/join/ERCT Listen to WCN Audio Podcasts: https://itunes.apple.com/us/podcast/the-world-crypto-network-podcast/id825708806 Check out the brand new http://WorldCryptoNetwork.com/ Find out more about Max https://towardsliberty.com Follow WCN on Twitter: https://twitter.com/WorldCryptoNet Follow Max on Twitter: https://twitter.com/HillebrandMax Follow Eric on Twitter: https://twitter.com/evoskuil Follow Nic on Twitter: https://twitter.com/nic__carter Follow Matthew on Twitter: https://twitter.com/crypto_voices Follow Fernando on Twitter: https://twitter.com/fernandoulrich Contribute to Max’s Bachelor Thesis on Multi Signature in the Lightning Network: https://towardsliberty.com/multisig https://www.youtube.com/playlist?list=PLPj3KCksGbSaBmpAmdp_icu2PkywjeUI6 Bitcoin to the Max: https://youtube.com/playlist?list=PLPj3KCksGbSZtGhC7nIr_Mf1oCeP8U1tV Bitcoin Only: https://www.youtube.com/playlist?list=PLPj3KCksGbSYX2cNoOaV-w-9QuZ62LDk_ Read Rothbard ~ Use Bitcoin: https://youtube.com/playlist?list=PLPj3KCksGbSafpOorg0NdeVXGIPNqV_8a Open Source Everything: https://youtube.com/playlist?list=PLPj3KCksGbSb1h33FZbsrtr1feIIwTBHt Hackers Congress Paralelni Polis 2018: https://youtube.com/playlist?list=PLPj3KCksGbSY8xt-x-KoDb6L380odP_qu Baltic Honeybadger 2018: https://youtube.com/playlist?list=PLPj3KCksGbSZsgH48ZDxNdzRXbg_pvMnz Understanding Bitcoin 2019: https://www.youtube.com/playlist?list=PLPj3KCksGbSYnUncEaz5SM0ihfjPtGTvO Bitcoin-Dev Mailing List: https://www.youtube.com/playlist?list=PLPj3KCksGbSZWpXUZAp2y0ftJsjXPWdtO Nodl Personal Bitcoin Assistant: https://www.youtube.com/playlist?list=PLPj3KCksGbSYvbhhUpIehNqnXFLkz1AD1 Bisq Decentralized Exchange: https://youtube.com/playlist?list=PLPj3KCksGbSZR33X7kJmDMwIEH-wrrpCJ ColdCard Wallet: https://youtube.com/playlist?list=PLPj3KCksGbSZJzC4besvtu8CSroBosrdt GPG + Yubikey: https://www.youtube.com/playlist?list=PLPj3KCksGbSZkVpgAZjAFfFp4D0SHLnFw Purism: https://youtube.com/playlist?list=PLPj3KCksGbSZm6k6GlJRhY6T7wSvoEWbG Bitcoin Op Tech Newsletter: https://youtube.com/playlist?list=PLPj3KCksGbSY9pV6EI5zkHcut5UTCs1cp The Ethics of Money Production: https://www.youtube.com/playlist?list=PLPj3KCksGbSZFi81lduijpsmkhxQv2Gm8 What Has Government Done to Our Money? By Murray Rothbard: https://youtube.com/playlist?list=PLPj3KCksGbSbPVUAhYqILAYQ3uUbh2zOu Mises University: https://youtube.com/playlist?list=PLPj3KCksGbSanfYiAp8JSHxIjBm66yPf5 Hayek Summer Workshop: https://youtube.com/playlist?list=PLPj3KCksGbSbx7WQMTJAG6wLd4tK9Llr9 Anarchy in Money: https://www.youtube.com/playlist?list=PLPj3KCksGbSbVzuInEB0Kc7rchuzIHyQh Lightning Network Multi Signatures: https://www.youtube.com/playlist?list=PLPj3KCksGbSaBmpAmdp_icu2PkywjeUI6

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