The Nevada gaming commission stipulates that a casino must hold in reserves enough cash to cover every chip in play on its floor.
Meanwhile the Federal Reserve stipulates that banks must hold in reserves between 0% to 3% worth of cash to cover every deposit on its books.
Fucking casino chips are a safer place to store your wealth than banks.
Banks are literally a bigger scam than casinos.
Submitted April 07, 2023 at 12:26AM by slvbtc https://bit.ly/3zB6soe
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