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BYAS

BYAS is Balanced Yield Autonomous Savings. We are the Decentralized Savings Account for Crypto Investors (and soon the world). All holders own a piece of the network and earn fees on every transaction

Banks suck. 
U.S. Treasury says Silicon Valley Bank, Signature Bank 'not being bailed out'
Reuters
They got bailed out.
Silicon Valley Bank: why did it collapse and is this the start of a banking crisis?
the Guardian
This literally just happened. 
2008–2011 Icelandic financial crisis
Wikipedia
You probably never heard of this.
2008 Financial Crisis Causes, Costs, and Could It Happen Again?
The Balance
It already did.
Bank confirms pension funds almost collapsed amid market meltdown
the Guardian
Millions of people almost lost their pensions.
Deutsche Bank: The Fall of a Giant
Deutsche bank should be called Douc...never mind. 
China Bank Account Freeze Controversy: Authorities Reveal Latest Reimbursement Plan, Three Officials Now Under Investigation – Regulation Bitcoin News
Bitcoin News
China can freeze any account of it's citizens at any time.
How the Stock Market Crash of 1929 Led to the Great Depression
Investopedia
Stocks aren't full backed securities. One day a broker is going to lose a bunch of shares and they won't be able to get them back.
Let's build a better savings system. One that doesn't have humans controlling it. 

How Traditional Savings Works

Last modified 8mo ago