Susie on Nostr: Lebanon showed what happens when banks and currency policy fail the public. Although ...

Lebanon showed what happens when banks and currency policy fail the public.

Although the worst of the hyperinflation may have eased, banking distrust, poverty and reconstruction needs remain.

So too does the need for self-custody, low friction remittances and money that cannot be arbitrarily devalued.

Published in early 2024, the lessons have not aged.

Read the full article here:

https://www.forbes.com/sites/digital-assets/2024/02/02/lebanons-economic-rebirth-through-bitcoin/