Savings account interest rates are not reflecting the changes in interest rates. Bitcoin is a hassle-free way to save and take custody of your assets.
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 of today’s economic landscape.