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Re:Cryptocurrency in the 2020s by cesarb on Friday January 03, 2020 @11:34PM (#21952899)
> Paying 6%, or even 4%, on a savings account is a MASSIVE red flag to anyone with a bit of financial sense.

Not necessarily. Our equivalent to a savings account (caderneta de poupança) had a return above 6% per year until a couple of years ago (it's down to slightly above 4% per year now). It's very easy to beat that (for instance, the 5-year prefixed federal government bond has a return of 6,39% per year at this moment). So a return of 6% per year would be considered normal around here, not a red flag.

Re:Cryptocurrency in the 2020s by thedufer on Saturday January 04, 2020 @02:30AM (#21953496)
6% in a currency that was inflating 6-9% each year (the comment you were replying to was almost certainly referencing USD, which has recently inflated at a little under 2%). The real rate would've likely been no more than .5% on those accounts, and probably negative some years. Does dai inflate at 5.5%+ per year?