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Sunday, November 27, 2022

Global Developments Highlight Bitcoin Utility

The below is a direct excerpt of Marty’s Bent Issue #1155: “Two very different things that highlight Bitcoin’s utility.” Sign up for the newsletter here.

There are two things going on in the world on opposite sides of the planet that are related to two very different subjects that highlight the incredible utility of the Bitcoin network; the intentional debasement of the Lebanese pound and uncharacteristically cold weather in Texas.

As some of you may be aware of already, Lebanon has been embroiled in an economic crisis since 2019 and it seems to only be getting worse as the country’s central planners continue to mismanage the crisis. Here is their latest plans to fix their monetary and banking system:

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