bankless

Banking the Unbanked in a Broken Financial System

Digging deeper into crypto’s silent revolution.

Crypto's main narrative focuses on speculation and regulation, but it's quietly addressing a bigger issue: financial access.

Over 1.4 billion people don’t have a bank account due to corrupt institutions, outrageous fees, and censorship. In these places, the traditional banking system doesn’t just fail people—it can actively work against them.

This is where crypto steps in: providing a permissionless, borderless, censorship-resistant alternative. Where people need to go bankless.👇

~~ Analysis by @sha ~~

Lebanon, Nigeria, & Turkey: Case Studies in Banking Collapse and Crypto’s Rise

https://www.bankless.com/read/banking-the-unbanked-in-a-broken-financial-system

My journey into crypto started because of my Lebanese descent

So writing this article

Banking the Unbanked in a Broken Financial System

reminded me of why we're here:

"Emerging markets - Lebanon, Nigeria, Argentina - aren’t buying spot ETH to yield farm; they’re swapping into stablecoins as an escape hatch from broken financial systems."

helping the world go sufficiently onchain and /bankless

FID 3797

trade it on Zora

https://zora.co/coin/base:0xce7f1deb0eda3c71391e1b9e9639345569270e9c?referrer=0x80cef8f224Deb7cBbfbb6b1Afb6d89652e933d0F