I was thinking something similar yesterday: Bitcoin is so good, yet so cheap. Fiat is so bad, yet so prevalent.

Someone must have written a really good steel-manned narrative in support of fiat which these Germans have bought into!

Incredibly, people 👥 do not want to wake up, they continue to blindly trust banks, governments and the church, the biggest scams ever created on the planet!

i remember reading somewhere that germans are extremely low-risk tolerance and don't care about getting hardly any interest, as long as their money is 'safe'

this is highly anecdotal tho

German institutions have worked for a long time, and were usually relatively trustworthy. The situation has dramatically changed in the last ten years, and it will take time for these institutions and the people to wake up and adjust to this new reality. It might be too late though, and a lot of people are going to get screwed

Ugh, I hate to see that. They will get crushed.

I tell people - kind of try to work it into everyday conversations - "cause you know they're printing so much more new money that inflation will eat up any cash". Maybe I've made a few people think.

There are lots of German bitcoiners aren't there? I remember seeing they have the 2nd largest node runners (1st is the US).

Are these deposits not earning interest? Or are they deposits with and without interests?