Post
Topic
Board Economics
Re: Crypto vs Fiat
by
shogun47
on 12/08/2021, 05:06:07 UTC
storing your money in crypto beats saving up in the bank.
Absolutely true. If you let your money sleep in banks even it takes years the interests are really small and only the bank benefited if you store your money on them. But this is not the case if you invest in crypto, you're the one controlling your funds and can use several strategies to maximize your profit. Though investing in crypto is risky, but it is proven to be profitable and worth it.

Haha it would be great if the interests rate were at least positive (+) small. The truth is that banks are now even raising negative interest rates on deposits. That is crazy, seriously. They want by all means that you pick up your money and either let it shrink in your safe at home due to inflation or that you damn bloodily put it into the stock market further inflating equity and housing prices. We are going to face a big fat bubble exploding right into our, yes... faces...