When was the last time your savings gave you a decent return?
We’re living in a low-interest world, with borrowing costs down by historical standards, meaning interest rates have fallen to almost zero.
They may rise again, of course — but unless you’re an economic prophet, it’s impossible to say when.
Savers are looking elsewhere for a return, hence the rise of Bitcoin, NFT, and domain investing.
The total value of crypto is currently around $2 trillion, despite many traditional bankers saying they have no ‘intrinsic value.’
The World Economic Forum predicts that 10% of the world’s GDP will be in crypto assets over the next ten years.
So are cryptocurrencies worth the risk? What are NFTs? Is domain investing a more viable alternative?
Let’s dive in.