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Comments (34)
Wow man, sorry to imagine what you guys must be going through in Lebanon
What’s the situation like? Is there hope?
Where are you? Lebanon?
I’d still hold off on trading it back for more Lebanese Pound if I were you.
Holy shit. Thank you Satoshi. That is all.
Ah, they changed the official exchange rate. A week ago $1USD was $1507LL, now it’s $1USD to $15,000LL.
However the black market price; what you’d actually get on the street is 1:82,000.
So if you actually tried to buy a bitcoin with Lebanese money you’d get laughed out of the exchange at $360,000,000 and quoted $1,968,000,000.
A glimpse into to the future of BTC/USD price
If people would start moving the chart upside down (100% Btc) vs Fiat (going down forever), they would understand it.
This way it looks like speculation and “casino capitalism”.
Don’t just measure BTC in USD, the US is the last country that could experience a currency crisis because it’s the world’s reserved currency, backed by its military & petro dollar.
Look at Sri Lanka, Lebanon, Turkiye, Iran, even Japanese Yen & British Pounds.
Isn’t it difficult to even access your money to buy bitcoin? Sorry you all are going through that bullshit. This is why Bitcoin exists but sorry you have to be a martyr to show the world
Wen USD
There will come a time when you can’t buy bitcoin, except for gold directly. Fiat will die and bitcoin will need to be earned.
I get it. Sorry.
Soon our world will understand collectively as a whole and the redistribution of wealth will mean we all live comfortably, the ones that will feel it are the sickly rich. They won’t be able to enslave us with their inflating or their imaginary currency.
Bless you and good luck, I’m sorry you have been dealt this hand, but we all are playing a part in something bigger… atleast i hope. Keep the hope alive.
Amazing, the best insurance ever made
Can’t imagine waking up, going to the store to buy some bread and the bread cost 50 000$ each
The house of cards is getting taller.
Or gold. Or stronger currencies.
or literally anything else
Wtf is this
What causes this recent jump?
New all time highs!
Still too early!
Dude
Yeah in 20 years from now that big wick we are in now will be a lil baby wick
Idk why some people don’t get this. One of the biggest adopter is USA but it is so good in countries with unstable economy. Even dropping 50% is still better than whatever currency is getting inflated. AND you can take it all on 1 usb drive. Pretty crazy good use.
Time to sell. All the moonboys are going to get rekt
Bitcoin is the answer.
When did this happen?
I’m scared of holding the euro now
Look like a shit coin 🤣
Stack sats 💯
That’s great but I still haven’t made money yet.
You forgot the DROP
Give it 3days
Yea, but it’s too late now. If you had bitcoin before this event you’ll be okay.
Hold strong OP!!
Should have borrowed some Lebanese pounds to buy bitcoin.