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Comment by woodruffw

This demonstrates one of the particular ironies of Bitcoin: it's not an alternative to the US dollar insomuch as it's an extralegal way to acquire US dollars.

It sounds as if nobody in Lebanon is using Bitcoin to pay for milk and bread. Instead, they're exchanging it for a stable non-local fiat, which in turn pays for the milk and bread.

parent woodruffw 4 years ago

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