Lebanon’s Financial System is Crumbling, And It Shows What Bitcoin Can Do

Mass protests in Lebanon, which began as a demonstration over tax proposals, have since escalated into a full-blown financial crisis. As such, Bitcoin, and other decentralized cryptocurrencies, demonstrate, once again, the importance of financial sovereignty.
Lebanese protestors. (Source: shutterstock.com)
Lebanon Is In Crisis
Lebanon has a history of conflict, such as the civil war which saw sectarian violence during the mid-seventies. And more recently, it has experienced instability as a resu