Traditional Banks Are Failing Everyday Savers. Bitcoin Is The Alternative

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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. Some might remember that during lockdowns, U.K. households saved an extr ...

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