Banks Are Failing Savers. Bitcoin Is The Alternative – Bitcoin Magazine

Banks Are Failing Savers. Bitcoin Is The Alternative – Bitcoin Magazine

October 9, 2022 by secret
152
[ad_1] This is an opinion editorial by Julian Liniger, the co-founder and CEO of Relai, a bitcoin-only investment app. Traditional banks are short-changing customers by failing to reflect inflationary changes in the saving account interest rates they offer. On average, these accounts sit at 0.3% in the U.S. — a nominal rate in the context