Many young Thai don’t open bank accounts, don’t buy insurance, don’t use pay slips, but choose to hold crypto in wallets instead of passbooks. Crypto = the new financial system that they “choose”.
Why they leave the bank and turn to crypto in wallets?
It is obvious that the new generation of Thai children tend to pay more attention to finances. It is easy to open an account.
Most people can see that banks only offer small interest rates.
Depositing money and then being “used” by others.
Including transferring money across countries is difficult.
Paying fees in every way at rates that are considered unreasonably high.
But crypto for them
Holding Stablecoin gives higher interest rates
They also value the freedom of money, often using DEX = no middleman
Borrow-Lend = finish in a few clicks and trade anytime around the world
And most importantly… no one can close your account. This is where the hammer lingers that they will be very important for them.
DeFi becomes the new generation’s personal bank
Freelancers → Save money in USDC
Online traders → Use wallets to receive payments
Long-term investors → Farm + LP
Traders → Use perpetual DEX without verification
Not just “the new generation”
But “people who are tired of the old system”
Everyone is equal in blockchain (some chains)
No credit? No problem
No statement? No problem
Just a wallet + seed phrase = full financial life
It seems that crypto is no longer just an asset.
But it is a “new alternative” for those who do not want to be under the old system.
It is holding money in a way that is “really yours”.
Have you ever used crypto in wallet instead of a bank?
Please login and comment…….
Reference : 0xAirdropFarmer
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