Lebanon's Financial Crisis & Bitcoin (Part 2): Bitcoin's Volatility As Stability

“Whereas there’s a cheap use case for Bitcoin within the US, I’d argue its a “good to have versus a number of different components of the world like Lebanon the place proudly owning Bitcoin is sort of like an act of survival to protect your financial savings.” – Mark Saroufim

On this two-part collection, Dave Hollerith interviews members of Lebanon’s diaspora migrant inhabitants to know the nation’s present monetary disaster and why Bitcoin is each an necessary asset for mitigating its dangers in addition to the way it may play a roll in serving to those that stay in Lebanon.

On this episode (Part 2), Hollerith talks with a Lebanese Bitcoiner, Mark Saroufim, about how Bitcoin is finally becoming into Lebanon’s downturned financial system.

Subjects mentioned:

Information info via Twitter, versus political get together, owned information corporations Lebanon’s The Whatsapp tax How inflation and unemployment are beginning to change spending habits. Authorities-issued “haircuts” Penalties when the lira devalues like extra crime and scams in addition to Why Mark’s Grandma understands Bitcoin How a rogue Discord neighborhood needs to ship Bitcoin to Lebanese family and friends Assets:

Lebanon NERDs weblog Twitter:

Mark Saroufim (@formalsystem) Dave Hollerith on Twitter Bitcoin Journal on Twitter Sponsors:

Etoro * Lebanese metallic anthem courtesy of Youtuber and musician, LordPatrick123456

DISCLAIMER: The next content material is for informational functions solely. You shouldn’t construe any such info or different materials as authorized, tax, funding, monetary, or different recommendation. Nothing contained on this presentation constitutes a solicitation, suggestion, endorsement, or provide by BTC Media, The Let’s Discuss Bitcoin Community, or any third get together service supplier to purchase or promote any securities or different monetary devices.

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