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>“The idea of a decentralized network and people being the owners of it is what influenced many people in Lebanon to invest in bitcoin mining,” said Iskandar.
by SantalBlush 5y ago
>“The idea of a decentralized network and people being the owners of it is what influenced many people in Lebanon to invest in bitcoin mining,” said Iskandar.
I'm pretty sure it had more to do with Lebanon's economy tanking and the people trying to find ways to make money. They didn't lose trust in Lebanon's bank due to ideological reasons, they lost trust in its bank because the economy is in chaos. For them, crypto is one of their last resorts.
- trixie_ 5y agoThey're not trying to 'make money' more like maintain what they have. In the past 5 years this same situation has played out in many countries. Bitcoin really is the new gold.