Hacker News Reader

Do they really? Isn't it only the interest rate that decides how much risk a bank wants to take on?

Couldn't I could open a bank, stuff your cash into my vault and charge you a negative interest rate to pay for guards.

You could, but that is not what "clients want".

I’d definitively signup if that was available, just ideally as a monthly fee vs a negative interest rate. Just like I’ll pay for my content over it being “free” with ads and/or worse dark patterns.

Which clients are these? Wouldn’t there be a set of clients, such as businesses trying to make payroll, who simply want 100% guarantees of money being there.

Sounds impossible. If the money is just shoved in a vault, the bank has to come up with money for rent/taxes, payroll for someone put the money in and take it out, etc. If the money is guaranteed to be there, then it can't be 100% of it.

Or we could just have a Fed Bank, where the dollars act like cash because they are cash... Upshot: No more middleman.