Global Feed Post Login
Replying to Avatar gladstein

Not having control of your money takes on new meaning in some places: it can be the difference between life and death

In Gaza's "currency desert," people have to try and wait up to 15 days, dodging airstrikes, heatstrokes, and looters simply to withdraw their wages and remittances into cash

There are only 3 working ATMs, and living costs have quadrupled since October 7th. Most people can't access their money anymore and live on handouts

The craziest part: the paper currency that merchants most widely accept in Gaza are Israeli shekels. Meaning, the very notes issued by the state that is currently bombing Palestinians to smithereens

Fiat currency is so irredeemably broken

https://www.csmonitor.com/World/Middle-East/2024/0703/gaza-war-palestinians-cash-atms

1b
NOSTR & BITCOIN SUCKS! 1y ago

Bitcoin is probably not working too well in Gaza either.

Reply to this note

Please Login to reply.

Discussion

No replies yet.