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Comment on Gmaxwell's “prove how (non)-fractional your Bitcoin reserves are” schemeparent

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no banks that offer digitally-signed attestation of account balances.

Why is this? Seriously, that alone could prevent so much fraud and misuse of funds. Every public company could have a digitally-signed bank balance, updated in real time.

Because then any guy with a laptop and coding skills could use the API to set up almost any kind of fiat currency-based money services or currency exchange business, and we can't have people doing that without million-dollar MSB/MT licenses!

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