I'm not sure but, isn't this how the real banks operate, too?
For example let's take a legal, legit, Bank named X in a country. If all the account owners wanted to retrieve their money, at the same time: can that bank serve that demand?
Because normally for every 1 dollar deposited inside, bank can give away 5 dollars worth of credits to other people. (the ratio changes in every country probably).
So accusing a virtual currency corporation with "you don't own all that money you claim" applies to a real, physical currency banks. I guess.
Because normally for every 1 dollar deposited inside, bank can give away 5 dollars worth of credits to other people. (the ratio changes in every country probably).
So accusing a virtual currency corporation with "you don't own all that money you claim" applies to a real, physical currency banks. I guess.