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Ask a Bitcoiner 21 Questions

Bitcoin’s Role in Financial Crises

23 Apr 2025

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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 🙏🟠 Get your custom made and NFC enabled Bitcoin accessories from Orange Manufacturing Group:➤ https://omg21btc.com/➤ Hardwood Signs: https://geyser.fund/project/hardwoodsigns?refId=AAB21Q➤ Lightning Keychain: https://geyser.fund/project/lightningkeychain?refId=AAB21Q➤ SteelQR Sleeve: https://geyser.fund/project/steelqrsleeve?refId=AAB21Q➤ SeedSigner Case: https://geyser.fund/project/seedsignercase?refId=AAB21Q🟠 SUBSCRIBE / FOLLOW: ➤ https://www.youtube.com/@AskaBitcoiner21Questions?sub_confirmation=1➤ Spotify: https://podcasters.spotify.com/pod/show/ask-a-bitcoiner-21➤ Twitter (X):  https://twitter.com/askabitcoiner21➤ Instagram: https://www.instagram.com/askabitcoiner21questions➤ Fountain: https://www.fountain.fm/askabitcoiner21🟠 Follow Michelhttps://x.com/Michel_Jabbourhttps://www.linkedin.com/in/michel-jabbour-mba-67968138/ 🟠 Onramp MENAhttps://x.com/OnrampMENAhttps://www.linkedin.com/company/onramp-mena/https://www.onrampmena.com/More about Islamic Finance: https://www.youtube.com/watch?v=xDII3rk205o&list=PLF3V-QidB_Yd1EUaTp9JYgldLfZ2oWjM2&index=5Music:  @manlikekweks  Editing:  @omg21btc ​—This video is for entertainment purposes and does not constitute financial advice.—Chapters00:00 The Economic Crisis in Lebanon03:06 Michel’s Personal Journey into Bitcoin05:59 Understanding the Hyperinflation of the Lira08:55 Government Policies and Public Reaction12:11 The Default and Its Consequences14:53 Cultural Insights: Arab Identity and Religion17:49 Lebanon's Rich History and Tourism21:13 The Role of the Lebanese Diaspora24:09 The Digital Age and Information Overload27:03 Family Perspectives on Bitcoin Adoption33:35 The Journey of Orange Pilling36:57 Understanding Bitcoin's Value in Crisis39:12 Cultural Perspectives on Time Preference41:07 Bitcoin vs. Traditional Banking in Lebanon44:05 The Role of Tether in Emerging Markets48:31 The Future of CBDCs and Privacy Concerns53:12 Working in Bitcoin: A Personal Journey01:07:35 The Importance of Custody in Bitcoin Adoption

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