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> Banking is fundamentally broken. People want zero risk, demand deposits that pay interest. There’s no business model that can provide that. Given that many
by 0x457 4y ago
> Banking is fundamentally broken. People want zero risk, demand deposits that pay interest. There’s no business model that can provide that.
Given that many people bank at gigantic banks that pay 0.00001% interest...I don't think that's true.
- WeylandYutani 4y agoMany people barely have savings so it doesn't really matter if interest is 1% or 6%. Personally I judge banks on their app and IT reliability.