The bitcoin price signals distress in multiple currencies.
People seem to be willing to pay a feisty premium to get a life boat 👇
Lebanese pound (LBP) is up 1382% YTD
Egyptian pound (EGP) is up 86% YTD
Pakistani rupee (PKR) is up 72% YTD
Argentine peso (ARS) is up 65% YTD
The Swiss Franc (CHF), USD and EUR is up about 50% as a reference.