A Central Bank Ponzi Blowing Up: Hyperinflation and the Rise of Bitcoin in Lebanon - FTM10 with Sooly Kobayashi
What happens if the central bank runs a literal ponzi scheme? Bitcoiner Sooly has found out - in his home country of Lebanon.
The small country of Lebanon is hitting the world headlines for all the wrong reasons. After decades of civil war, a corrupt elite of politicians and central bankers plundered the country, plunging it into hyperinflation and collapse.
I talk to Sooly, a Bitcoiner from Lebanon who I met on Twitter. He gives us the inside scoop on what’s going on in his country and how young people are turning to Bitcoin.
Niko: @nikojilch / nostr: npub1st4elxz4dphx2qxpuaklvs855zetnkglu8dvszdxamgqn5q3pk5svflv5p
Yaël: @yaeloss / nostr: npub15dnln6cukw3yrflnv3hnrntdt9amh0uw466u6tns05ymqp3nal4qzz3lfc
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