Just read two news about countries where people flee their national currencies over to crypto. Lebanon and Turkey. Earlier this week it's reported that it had seen a government plan designed to combat the ongoing financial crisis. The plan, the news agency wrote, "projects a devaluation of 93% of the Lebanese pound and converts the majority of hard currency deposits in the banking system to local currency." The Turkish government, led by President Recep Tayyip Erdogan, has resolutely adhered to a very dubious policy of lowering - rather than raising - interest rates. And the latest financial figures, released by the Turkish Statistics Institute are a very gloomy reading. These people might strike goal in this time of financial instability. Just hope they invest in good crypto projects. #Lebanon #Turkey
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