Yes. It gets a lot of things wrong with regards to that. It tries to reform the banking system. The banking system is 100% complete fraud, through and through. We must eliminate fractional reserve banking. Completely.
I think we can do this quite easily by moving into a crypto barter system, where we have asset backed cryptos, which reduce the need for an intermediary to barter (money, aka silver, gold, tobacco, whatever). We do need a stable intermediary though, which could be a gold or silver backed crypto (or anything else that is stable, divisible, portable, physically exchangeable, storable indefinitely, etc.).
Yes. It gets a lot of things wrong with regards to that. It tries to reform the banking system. The banking system is 100% complete fraud, through and through. We must eliminate fractional reserve banking. Completely.
I think we can do this quite easily by moving into a crypto barter system, where we have asset backed cryptos, which reduce the need for an intermediary to barter (money, aka silver, gold, tobacco, whatever). We do need a stable intermediary though, which could be a gold or silver backed crypto (or anything else that is stable, divisible, portable, physically exchangeable, storable indefinitely, etc.).