I don't know who needs to hear this, but there are actually people being banked by defi. I use Defi as my bank, not because I am being denied service, but because the interest rates have been a fucking joke. They are negative. I lose money by having it in my bank account.

Dev at ethOS, a mobile OS that is crypto native- nf.td/markus, Technology brother

running experiments; writing https://kori.ooo

Well technically the government outlawed negative interest in the bank account, but they found some loopholes 🙃

I guess a 2% annual interest rate in a 10% annual inflation regime can be called „negative interest rate“ 😅