02-12-2022, 10:04 PM
We need to do something about banks robbing us
<!-- SC_OFF --><div class="md"><p>Banks collected $12.4 billion dollars in overdraft fees in 2020. That means banks took over $12 billion dollars from people with no money during a global pandemic.</p> <p>My bank takes between $50/70 dollars in overdraft fees every quarter. Yearly APY on my saving account is so bad that it’s actually never worth it.</p> <p>I staked most of my crypto which gives me back so much more than my robber of a bank that when crypto goes mainstream we are saved from these robbers.</p> <p>I do need my bank account because I have not a lot of other choices to pay for stuff or receive. I did learn to stake my savings after buying stable coins with it.</p> <p>Cant wait for massive crypto adoptions.</p> <p>Edit: I am debt free as of next month. I got lucky with a coin people on /CC dislike a lot. I sold it on it’s all time high and bought back at the recent crash and set aside the amount I needed for my debt. Next month is the last payment
I wont make the same mistakes again.</p> <p>Edit 2:</p> <p>I actually said I dont want to be able to overdraft day one 1 signed there. I guess they did it wrong but at that moment I didnt bother changing it. Which was dumb</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/memmox"> /u/memmox </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sqyfdw/we_need_to_do_something_about_banks_robbing_us/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sqyfdw/we_need_to_do_something_about_banks_robbing_us/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Banks collected $12.4 billion dollars in overdraft fees in 2020. That means banks took over $12 billion dollars from people with no money during a global pandemic.</p> <p>My bank takes between $50/70 dollars in overdraft fees every quarter. Yearly APY on my saving account is so bad that it’s actually never worth it.</p> <p>I staked most of my crypto which gives me back so much more than my robber of a bank that when crypto goes mainstream we are saved from these robbers.</p> <p>I do need my bank account because I have not a lot of other choices to pay for stuff or receive. I did learn to stake my savings after buying stable coins with it.</p> <p>Cant wait for massive crypto adoptions.</p> <p>Edit: I am debt free as of next month. I got lucky with a coin people on /CC dislike a lot. I sold it on it’s all time high and bought back at the recent crash and set aside the amount I needed for my debt. Next month is the last payment
I wont make the same mistakes again.</p> <p>Edit 2:</p> <p>I actually said I dont want to be able to overdraft day one 1 signed there. I guess they did it wrong but at that moment I didnt bother changing it. Which was dumb</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/memmox"> /u/memmox </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sqyfdw/we_need_to_do_something_about_banks_robbing_us/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sqyfdw/we_need_to_do_something_about_banks_robbing_us/">[comments]</a></span>Kind Regards R