A Yahoo From Kansas City Also Defends Bitcoin 100% Full Reserves

But Opposes a Fiat 100% Bitcoin Reserve

Stephen Livera recently resurrected a sound money debate that was pretty well settled until bitcoin came along.

Let me start out by that I too defend a Bitcoin 100% full reserve. If this is the banking model Mr. Livera wants to follow and implement this is great! I follow it myself and I recommend it. I own Bitcoin. My bitcoin is largely off-chain and I have my own keys. And I consider bitcoin alone the blockchain and the only digital standard for money.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store