Urgh my grandfather LOVES his Premium Bonds, he gets occasional payouts so thinks he's getting a good deal...
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Haha I had to laugh, a friend said they “won” £150 on Premium Bonds last year after putting in over £5k. They felt lucky… but if they’d just bought Bitcoin instead, they’d be sitting on over £12,000 now.
One’s a lottery, the other is a monetary revolution.
I used to have Premium Bonds too (a long time ago)… then I realized I was basically giving the government an interest-free loan to fund wars, surveillance, and corruption.
Switched to Bitcoin. At least now my money isn’t being weaponized.
The idea of a 'premium' bond is an oxymoron.
It's like comfortable shackles.