I'm fine with interests provided they are reasonable. I for example, wouldn't just lend money out to anyone without some incentives.
Good call by Singapore BTW. Bitcoin is merely a currency and can be used in many ways. Fiat is used in crimes, does that mean it have to be banned too? Obviously not.
Banks come up with different reasons to protect people from using bitcoin. But, despite this, bitcoin will soon become the most popular payment system in the world. People will be free from high bank charges