What are the purposes for putting money in banks which will only give you 7-8 % annually, when you can invest that money in BCX getting up to15% per annum for staking? And on top of that you will also earn additional BCX from the Block rewards and gas fees
I am quite impressed by the banks you seem to know that are paying 7 - 8 % interest annually. Could you name some of those banks? I have no idea whether there is even a single bank that is paying 2% interest right now. The high interest rates in crypto are also due to first mover advantages. I think the more people join crypto, the less interest there will be for everyone.