Words
92
Reading
1 min
Listen
Play
6y
I moved a fair amount in to BTC or some other crypto currency. I'd rather not have my purchasing power eroded away with frankly meager offerings of 0.01-0.5% interest. What's the point? I still have some savings in a Lifetime ISA here in the UK to put towards a house but I'll probably start diversifying into other places in case crypto goes down the toilet. Although I can't see that happening with BTC quite frankly with billions pouring in from institutional investors and it starting to get regulated.
RE: Is negative savings interest the new reality in traditional savings accounts?