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A comment on Bank of England to explore a potential Central Bank Digital Currency. Parent comment

Re:Bank of England to explore a potential Central Bank Digit... by sneak on Monday April 19, 2021 @05:37PM (#26868223)
Most US banks on the accounts of most US people (that is, the non-wealthy) likely charge more in fees each month right now than a negative interest rate would affect the balances.

It's really only the wealthy who would be faced with this being any significant amount of money, and those people comprise a tiny minority of bank accounts.

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Re:Bank of England to explore a potential Central Bank Digit... by occamrazor on Tuesday April 20, 2021 @02:39AM (#26871422)
Most banks in Switzerland have negative interest rates on large balances (over 100k or 500k CHF).
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Re:Bank of England to explore a potential Central Bank Digit... by seunosewa on Tuesday April 20, 2021 @06:26AM (#26872839)
Wow. Why?
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