Could negative interest rates create an existential crisis for money itself

http://www.bloomberg.com/news/articles/2015-04-23/negative-interest-rates-may-spark-existential-crisis-for-cash

Imagine a world where you are better off holding your savings in NuBits – where even the worst-case 0% interest rate still does you better than banks “coin-clipping” your savings at a slightly negative interest rate.

I hope the world discovers that secret way to stay ahead of the curve sooner than later, lol.

i imagine a moneyless society (like star trek introduced)
but i guess this would be after cryptos’ era :wink:

2 Likes

Can banks individually create money out of nothing? — The theories and the empirical evidence