Bitcoin’s Role in Financial Crises

You won’t want to miss this conversation with Michel Jabbour as he shares his experience as a Lebanese-Canadian navigating the economic crisis in Lebanon, particularly the hyperinflation of the lira and the government's controversial policies. (I still can’t get over the WhatsApp tax 😳)

Once again, I promise you’ll definitely learn something new. For example, I had no idea that:

✔ Online banking still hasn’t taken off in Lebanon

✔ The lira’s exchange rate surpassed LBP 89,000 to USD 1

✔ Lebanese society is incredibly diverse — culturally and religiously

✔ …and so much more 🙏

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🟠 Follow Michel

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https://www.linkedin.com/in/michel-jabbour-mba-67968138/ 

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More about Islamic Finance: https://www.youtube.com/watch?v=xDII3rk205o&list=PLF3V-QidB_Yd1EUaTp9JYgldLfZ2oWjM2&index=5

Music:  @manlikekweks  

Editing:  @omg21btc ​

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This video is for entertainment purposes and does not constitute financial advice.

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Chapters

00:00 The Economic Crisis in Lebanon

03:06 Michel’s Personal Journey into Bitcoin

05:59 Understanding the Hyperinflation of the Lira

08:55 Government Policies and Public Reaction

12:11 The Default and Its Consequences

14:53 Cultural Insights: Arab Identity and Religion

17:49 Lebanon's Rich History and Tourism

21:13 The Role of the Lebanese Diaspora

24:09 The Digital Age and Information Overload

27:03 Family Perspectives on Bitcoin Adoption

33:35 The Journey of Orange Pilling

36:57 Understanding Bitcoin's Value in Crisis

39:12 Cultural Perspectives on Time Preference

41:07 Bitcoin vs. Traditional Banking in Lebanon

44:05 The Role of Tether in Emerging Markets

48:31 The Future of CBDCs and Privacy Concerns

53:12 Working in Bitcoin: A Personal Journey

01:07:35 The Importance of Custody in Bitcoin Adoption