Offering 5% yields seriously scares big banks. Coinbase CEO and Co-Founder Brian Armstrong talks about how they should have to compete with those rates on a level regulatory playing field.
Honestly it would be good for everyone in the world except the banking cartel, if they had to compete and offer better interest rates on accounts. I'm not sure how quickly we will reach a point of clear and fair regulatory framework for crypto, considering how much wealth and power is working against that happening.
https://www.youtube.com/watch?v=Vq_7hZW5jc4
FOMO Daily
