Tuesday, August 20, 2019

Negative Bank Deposits in Denmark

Can't make this shit up.

Large accounts (more than 7.5M DKR) would have -0.6% rates.

Denmark already has negative home loans at -0.5% lol.

And while people are paying banks for the privilege of them to hold their cash (and allowing the banks to use the cash to lend out and earn a profit), I'm earning ~12% APR with my USD stablecoins, with no lockups.

Sorry to say, but the world ain't fair.

You don't do the hard work of educating yourself on what matters, you don't get the same opportunities as people who have.

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