Credit comes from loans issued by private banks, yes?
There were loans that were made in gold and silver, and others, before fiat came to dominate the way we transact, yes?
Then it is possible that loans denominated in Bitcoin can become standard, in theory, in some parts of the world, yes?
So eventually, in theory, a group of private banks can build a fractional reserve banking system as a 2nd layer Lightning Network on top of Bitcoin.
Possible? I believe yes, but I would like to hear all your thoughts. Plus maybe "banks using Bitcoin" is what the big blockers and other networks like Ripple fear.
