Why it might be a good or bad idea for banks to hold 100% of their...

Why it might be a good or bad idea for banks to hold 100% of their deposits? What role is there for banks in a future world of cryptocurrencies like bitcoins?

Read this article as a starting point, but do some research as well to find some other perspectives. Include those in your response as well.

The Bitcoin News. 08/12/2019. What is the future of cryptocurrencies?

Expert Solution

Sorry I couldn't find the article mentioned; but nevertheless tried to provide an answer the best I could.

Rahul Sunny answered 2 years ago

Discuss why it might be a good or bad idea for banks to hold 100% of...

Discuss why it might be a good or bad idea for banks to hold 100% of their deposits? Also discuss what role is there for banks in a future world of cryptocurrencies like bitcoins.

Consider two countries: North and South. In South, banks are required to hold 100% of their...

Consider two countries: North and South. In South, banks are required to hold 100% of their deposits as reserves. In North, the required reserve ratio is 50%. Banks do not hold excess reserves in North or in South. No cash is held by the public in South, while in North, citizens hold $500,000 in cash. Each country has $1 million in bank reserves. Residents buy goods and services and do their banking only in their own country. Neither country has...

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Describe what a pro se action is. Is it a good idea? Why or why not?(This is in relation to criminal justice)

Is unionization a good idea for nursing homes? Why or why not? If you were an...

Is unionization a good idea for nursing homes? Why or why not? If you were an administrator, how would unionized workers on your staff affect your ability to run the nursing facility? If you were a facility administrator, what measures would you take to ensure the safety of your employees?

Explain the advantage of Fc fusion protein drugs. Why would it be a bad idea to...

Explain the advantage of Fc fusion protein drugs. Why would it be a bad idea to give an immunosuppressed patient a live attenuated vaccine? Why might an antibody to one serotype be ineffective against a different serotype (antigenic variation)? just short answer

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Why it might be a good or bad idea for banks to hold 100% of their...

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