Is the Current Banking System a Ponzi Scheme? (hint: YES)

Описание: What Is a Ponzi Scheme? Is Fractional Reserve Banking a Ponzi? Well, what are the characteristics of a Ponzi? In this video Andreas walk through the fractional reserve banking scheme and answers the question, can Bitcoin fix this?

0:00 Is the banking system is a Ponzi scheme, and could bitcoin solve this?
0:43 What is Fractional reserve banking? What are the characteristic of a Ponzi scheme?
3:57 How does bitcoin solve this atrociousness?

This question is from the October Patreon Q&A livestream, which took place on October 24th, 2020. Watch the entire video here:    • October Open Topic Livestream Q&A - aantonop  . If you want to ask questions early (before the live event), become a Community Builder on Patreon:   / aantonop   Patrons get early access to ask questions, view talks, behind-the-scenes content, and much more.

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