[snidane]

Crypto is just what you get in a zero interest rate world. That's how it started (fear of money inflation).

With interest rates in steady state rates, people would choose wisely if it's better to stash money into a regular savings account or into void of cryptoschemes with occassional jackpot.

I agree - the replacement is better assets, such as cash. When it is priced reasonably again.

[qualudeheart]

Those are good points. I haven’t seen much discussion of interest rates in crypto circles even with all the shady 10% APY staking programs designed to compete with savings accounts.