What are your thoughts on crypto savings accounts?

Hi!

Crypto as an asset class is not a very clear propostion as of now. There is lack of regulation which causes a sense of uncertainy. Once there is more clarity on th regulation, crypto maybe a good investment option. However, till such time, I think choosing other asset classes will be a better option.
However, in order to benefit from the return from crypto, a small portion of the capital can be invested in crypto, while a majority in other asset classes till such time there is some more clarity regarding the asset class.

I work at kristal.AI, and it's my passion to evaluate various upcoming investment opportunities.

Hope you find this helpful!

My feeling is that crypto is all one big scam - any time putting money into it is like putting money in the casino. You can come out with gains but it is just gambling really.

There can be solid business aspects (had a chat with guy setting-up/running bitcoin exchange - definitely solid work being done there) but some areas just looks like putting up smoke and mirrors to disguide ponzi schemes.

For crypto currencies - there is no central bank (duh) and so no basis for a real cash rate as the starting point for an interest yield curve. So the 6-7% is just some made-up number with no economic basis.

Non custodial / smart contracts is also another smoke and mirrors piece; safe custody isn't cheap (the exchange was complaining bitterly how that cost really bites his business) and it is more than just formulas/computer code.