Personally, I've been seeing very little coverage as of late on #Lebanon's currency crisis and its relation to #Bitcoin. So figured I'd do some research and share what I learned!
2/ Lebanon's currency crisis has been unfolding for years. The central bank defaulted on its IMF loan for the 1st time ever, revealing they didn't have depositors' assets on hand.
This started a bank run, leading to strict withdrawal limits. ๐ฐ๐