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A comment on Bitcoin Exchanges Under ‘Massive and Concerted Attack’. Parent comment

Re:Bitcoin Exchanges Under ‘Massive and Concerted Attack’ by smrtinsert on Tuesday February 11, 2014 @04:06PM (#7220453)
A huge difference is fractional banking, which deserves a good read. http://en.wikipedia.org/wiki/Fractional_reserve_banking
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Re:Bitcoin Exchanges Under ‘Massive and Concerted Attack’ by this_user on Tuesday February 11, 2014 @07:00PM (#7221541)
I'd argue that fractional reserve banking is still better than having a "currency" that is backed by absolutely nothing and may lose up to 90% of its value on a moment's notice.
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