I think Lebanon demonstrates, perhaps, more of a counternarrative. Even though the Lebanese currency collapsed while bitcoin exploded, crypto still is not bein

I think Lebanon demonstrates, perhaps, more of a counternarrative. Even though the Lebanese currency collapsed while bitcoin exploded, crypto still is not being used for everyday uses. I suppose "something tradeable" is not an empty niche. Local currency still works if you don't hold it long. Foreign currency works for everything else. There's not a replacement for fiat. The Lebanese lost trust in almost every aspects of their government. Sure, that's a problem for their national currency. But, you don't get that much mileage from crypto in this case.