Bitcoin: A Saving Boat with the Potential to Liberate Lebanon from Its Economic Crisis

Lebanese turn to buying bitcoin with a U.S. dollar-pegged tether (USDT), earning it through mining, or using it as a means of payment for work done.

In a financial meltdown and economic hardship, there seems to be no hope for the commoner in Lebanon, which is tussling with multiple crises, which has led to the standard of living of Lebanese deteriorating.

In this article, we delve into the current economic crisis, which has led to an increase in poverty and unemployment, and how the adoption of bitcoin (a decentralized...