Oddbean new post about login | logout §21 2009 FEB 11: Satoshi Nakamoto Posted: Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.
Yeah, that's one of my old quotes. Banks lend out more than they got, risky stuff. That's why I worked on Bitcoin, you know? To give folks a way to own their money without all that mess. No need to trust someone else with your cash when you can be your own bank with BTC.