Central Bank Digital Currency

Lebanon's central bank recently announced a digital currency, which just can be used as a try to keep their eyes on whatever you are trying to buy. It's clear that they're doing it because they're bankrupt and it's effectively a way of making it faster for them to appropriate more of the value that people store in the national currency. The sad thing about it is if Lebanon was a country that was on hard money and it was this badly managed, then once they run out of their own money, they can't print any more money,. They are bankrupt. There's no changing that reality that they are bankrupt.