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In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents

Por: CNBC Tech November 05, 2022

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Aerial view of the seafront Manara district near downtown Beirut.Bilwander Getty ImagesWhen Georgio Abou Gebrael first heard about in 2016, it sounded like a scam.But by 2019, as Lebanon plunged into a financial crisis following decades of expensive wars and bad spending decisions, a decentralized and borderless digital currency operating outside the reach of bankers and politicians sounded a lot like salvation. Gebrael was an architect living... + full article



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