• @LemmyKnowsBest
    link
    63 months ago

    So banks can do it because they hold all the money in the world, but regular everyday citizens can’t do it because they do NOT have money to back their claim.That’s my guess. Am I right?

    • @[email protected]
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      fedilink
      123 months ago

      Regular citizens can do it but they actually need to be owed money first and then they can only use it to settle that debt with the person who owes them money.