Re:Lebanon’s underground cryptocurrency market
by sonofajojo on Wednesday August 25, 2021 @11:58AM
(#28303284)
Think of it as a remmitance system, relatives overseas send money to family in lebanon in bitcoin, these individuals but it off them for cash, they also sell bitcoin to anyone who liquidates local assets for cash and wants to gtfo of Lebanon. Crypto is basically keeping the market somewhat liquid at this point.
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