"Banks in Germany Tell Customers to Take Their Money Elsewhere as Customers have to Pay Negative Interest": No Problem, Guess we will take our Money to Crypto then

Banks in Germany have started charging customers negative interest, meaning that they want you to pay them in exchange for you storing your money in an account.

No joke, they literally tell their customers to take their money elsewhere.

Of course, in reality they still want to be in control of your money, but now even charge you for giving them this privilege.

No problem, guess we take our money somewhere else. You can earn more than 10% interest on holding some stablecoin, or you hold any other Crypto, like Ethereum, which has outperformed even the highest rallying traditional markets.

If banks really want to be in control of our money, they better be ready to pay for it, or we move our money to Crypto (or literally anywhere else). This basically a scam on older people who are not aware where to store their money elsewhere.