The Bitcoin Standard Podcast cover image

23. Bitcoin in Lebanon with Thomas Semaan

The Bitcoin Standard Podcast

00:00

The Only Reason All of These Things Still Survive in Lebanon

Lebanon has the cheapest electricity in the world because it's subsidized on the rate of $1,500. You basically just pay like $2 for electricity the entire month. The government takes all the money in the economy and uses it to nationalize water service or increase government employees. So this is what's going on and it's an absolute mess.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app