Amid civil unrest, bitcoin is helping some Lebanese get by. Emphasis on the word “helping.” Traditional social ties are as important as technology.
Protesters across the globe are testing out bitcoin and other decentralized technologies – then promptly discovering their limitations.
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East.
Bitcoin users in Lebanon have numerous hurdles to overcome to develop a local market during the nation's economic crisis.
The Bank of Lebanon has issued the first digital currency warning in the region.