Thread by @el33th4xor

Let’s talk about traditional banks, and the predatory fees that come with not being in control of your own assets.

Banks celebrate expanding overdraft protection to $50 before the consumer gets hit with massive fees. Bank fees accounted for $8B in revenue in 2021. One bank executive even went on to name his boat "Overdraft"

washingtonpost.com/news/get-there…

Consumers are having to decide what bills to pay, hope that they clear and the bank doesn't "bounce the check" before their deposits hit. Big banks should not profit off the shortcomings of consumers.

With a self-custody wallet like @coreapp or @blockchain, you can be your own bank. #ThisisWhyWeCrypto