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.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.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.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.Cant wait for massive crypto adoptions.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.Edit 2: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
Submitted February 13, 2022 at 01:54AM
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