News

Crisis in Lebanon Highlights Benefits of Digital Currencies

Op-Ed by: Daniel Popa, Anchor CEO
Published In: Forkast.News on November 6th
Read the original article here. 

Summary:

This Forkast News article discusses the economic collapse that is soon approaching Lebanon due to growing tensions surrounding a tax on Whatsapp calls. Because of protests and political unrest, banks were ultimately closed which left millions without access to money. The story highlights a solution that could revitalize the citizens and businesses of Lebanon: “by employing digital assets based on a commonly shared and transparent ledger, users can access their own finances when they need to, free from government manipulation.”

Title photo by Patricia Abdallah, Unsplash.