Thank you for the idea.

I think my biggest problem with fractional reserve banking…is debt cycles. It allows people and institutions to incur more debt than they can handle when the economy finally turns bad. And the only way to get out of it is to print more money.

Crypto is no exception. Crypto does the same thing that the regular banking system does. Except crypto is a bit more transparent and decentralized…and it cuts out a lot of the intermediaries.