Cryptocurrency as a Modern-Day Savings Account

Ever since the launch of cryptocurrency and blockchain technology, several advancements concerning finance have been introduced. The idea was to make transactions safer, more reliable, and permanent using blockchain.  Initially, the technology was focused only on providing payment currencies like Bitcoin, Litecoin, and Bitcoin Cash. More recently, crypto has been focusing more on providing comprehensive financial-related services, including trading and banking.  One service that crypto has replicated from the traditional banking systems is savings. Crypto assets have proven to be…