"No interest rate"
Why would there be? There's no risk. There isn't a government of Bitcoinlandia with a debt and deficit(s) it needs to finance.
Whatever currency you're holding now isn't paying you a real rate of interest. Your stupidity is clearly of the American variety so those US dollars you buy your gmo foodstuffs with has lost 96-98% of it's value the past 41/42 years. Why do you think a Coke no longer cost nickel?
When you deposit money in a bank, you're loaning them your money. It's no longer yours and when they run into trouble with their trillions in deriatives, guess whose on the hook for it? Why you, unsecured creditor. http://www.economicpolicyjournal.com/2014/11/warning-bank-de...
"and you have to secure it yourself?"
Yeah and that ass you were born with, eventually you'll have to wipe it yourself because mom won't be around forever.
Clearly it isn't for you.
"Bitcoin is the electronic version of "let's buy a lot of gold and stash it somewhere"."
Do you have any idea how well one would have done the past decade had they 'stashed' some gold?
It's hard to believe people like you actually exist. I'm looking for some sarcasm but all am seeing is a statist shill.
Your taking some sort of perverse thrill in other people losing money speaks to your low character.