Yeah there's a lower limit to the interest, otherwise every consumer will take their money out and save it in cash (or gold or even crypto) the moment they are

Yeah there's a lower limit to the interest, otherwise every consumer will take their money out and save it in cash (or gold or even crypto) the moment they are hit with this negative interest (I know I would!). But I bet eventually it'll come through to consumer accounts, once they've locked down crypto enough and enforced card payments everywhere. The EU is heavily doing both right now. I'm not an entrepreneur and don't have that much money in the bank but this really worries me because I want to buy a house at some point. This is becoming crazily difficult. I think it's pretty insane that the ECB still does this negative interest thing. Even at zero interest we're already losing savings all the time due to inflation. It's really undermining my trust in the banking system, basically I'm leaving my money in a tank that's slowly draining.. Totally counter to the concept of a bank which should be trusted and safe. I can understand they need to be paid too, but they already charge a fee for the account. But actually taking money away is ridiculous.. Meanwhile house prices are increasing dramatically yet banks need ever more personal investment to provide a mortgage. How can I ever get this if I can't even save money anymore? They should really stop trying to appease multinationals who benefit from this for cheap exports, and gain consumer trust back. These multinationals are also the ones avoiding taxes on a wide scale (e.g. Apple not paying any tax in Ireland on all their European profits) and not even contributing to our system.