Paul C. Jeffries Fractional reserve means that they don't have 1:1...

May 7, 2023 at 4:46 PM  ·  Comment — Archer T. Ships replied to Paul C. Jeffries's comment.  ·  View on Facebook  ·  Markdown source

Paul C. Jeffries Fractional reserve means that they don't have 1:1 collateral. Yes, not being able to transfer funds on demand does suggest that they don't have 1:1 collateral.