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So maybe we should fix fractional reserve instead of having an issue against cash? I would rather pay $10k with a bank transfer than having to carry that much on me.


Yes, fractional reserve banking should be reformed, and that's a reasonable preference. However, my point is that it's also reasonable for people to want to have physical possession of their assets.


What if the bank doesn't allow you to make that transaction? How much delay are you willing to accept? Fees?




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