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How the IMF’s Attitude With Lebanon Fostered the Current Crisis, and Why Bitcoin Could Fix This. The openness and transparency of Bitcoin are the opposite of the opacity of the current system.

How the IMF’s Attitude With Lebanon Fostered the Current Crisis, and Why Bitcoin Could Fix This. The openness and transparency of Bitcoin are the opposite of the opacity of the current system.



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  1. Lebanon has been struggling with an unprecedented economic crisis for two years now.

    The Lebanese are suffering the martyrdom of the corruption of their leaders whether they are from the political or banking world.

    The most incredible thing is to discover that an IMF report warned of Lebanon’s catastrophic situation as early as 2016. Instead of taking the necessary measures to protect his people, the head of Lebanon’s central bank, Riad Salamé, asked the IMF to hide the truth from the whole world.

    How? By removing from the public report many pages that warned about the catastrophic state of the country’s finances.

    This only aggravated the economic crisis that started at the end of 2019.

    The opacity of the current banking system is a major problem that endangers entire populations around the world, as corrupt leaders take advantage of this system to act against the interest of the people.

    Bitcoin, with its openness and transparency, will fix this problem.

What do you think?

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