Time has come where the true value of each dollar you have should be put to the test. No need to worry about volatility or inflation. You need to be serious and find the common ground to find how far your fiat currency can go. This test demands a plan to find the suitable place to work your fiat money. It will not find the same ground where you leave but if you do, you have a task at hands.
Luckily this test is being taking by thousand of folks around the globe, so you are not by yourself. You can be as conservative as you can, you will pass this test. If you want to earn by all means while your principal is looking at you, this test is all yours. We all have to think DEFI in any shape of forms is the test that keep coming and bring the A answer we want.
I put 8.8% to put a figure out there. This is what the CEO of Celsius is delivering for whoever using his platform. I do not use it but I used #CUB DEFI and I can vouch for all other decentralized finance out there giving return more than 0.1%. Celsius is working so good , they have in AUM $20 billion. To say the least 8.88% is for stablecoins. They are in direct competition with the dollar, another word with the Banks giving a dead 0.1%.
I can see why the Banks are reluctant to move into that business. This piece reminds me of one of the bells company charging elderly for caller id when everyone had caller id on their cellphone. The moral of the story, the banks will continue to charge 0.1% as long folks allow them to do so. So far we cannot dump them yet, but the alarm is beeping for a while.
The prosperity should be shared among everyone. I know inflation changes everything for the rest. There was no adaptation from the Banks to deliver and attract more for all their clients. Crypto changes the game and invite everyone to participate. Defi alone will not make everyone to join, the opportunity offered cannot be passed when you earn crypto.
DEFI is there to leverage what you earn and give you a sense of the maturity for crypto. Everything can be verified and there is a history for those with the trained eyes. Not long ago, the white hat hacker did get a big chunk in POLYGON. Since there was a trail to see his move and others, he returned all funds. I have to say the power of crypto lays down how the financial world will evolve for the future generation.
You and I today could taste the beginning of something good. Let's hope crypto diminish corruption and keep everything in the open. I would like to see the banks giving more than 0.1% and curb inflation. Do you think they can do it? Crypto will force them to do a lot of things.
Places like Celsius, Coinbase, AAVE and many more will thrive to balance the financial world.
After all we are all in business to earn and feel better tomorrow.
Keep vesting your tokens.
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I prefer 200 % from Splinterlands
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Knowing how banks operate I doubt that they will increase it 😂. Majority still do not believe in the power of crypto currency especially the government. As long as they can hold off the earnings of common folks they will do that 😆
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They have zero choice with crypto unless they change course. Banks need us to flip our money.
Crypto is one way to minimize this chance.
Welcome crypto.
8.8% and full ownership of my funds.
Screw the banks!
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The flipping is happening so fast even the way
Banks existence is changing fast.
They are getting rid of tellers, no drive-thru in some branches.
As always they will adapt since they have so much dead money with them.
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Would chose 8.8% on cryptos any day any time than holding my money in the banks. The banks will need to do something about their percentage soon or something different if they intend to keep much of their customers investing in them
That is the best of cryptocurrencies, my friend, which reduces corruption and allows us to be owners of our money without the need for a third party (bank) when the majority understand that the future is cryptocurrencies, more will be those who want to invest in this wonderful world.
Or currently you can get 10% almost effortlessly with HBD...
You said it the best way possible.
It is getting apparent there is a shift in the market.
Banks will find a way to bring something
but they cannot beat crypto any shape or form.
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