How can individuals fight an oppressive government like the one in #Lebanon?

Rather than through direct confrontation we should consider an alternative approach such as opting out of the system.

By doing so, we diminish its capacity for control and oppression.

Increasing awareness and adoption of Bitcoin empowers individuals with self-sovereignty, reducing their reliance on a system susceptible to being weaponized and corrupted.

As more people understand and turn to #Bitcoin, the path to self-sovereignty grows, offering a viable strategy for those seeking to challenge and reshape oppressive systems.

A few years ago, the banking cartel in #Lebanon took matters into their own hands, implementing unofficial capital controls on depositor accounts. This decision left Lebanese people unable to access their hard-earned life savings. This wasn't a government policy but an independent cartel's choice.

Yesterday, we visited the bank to sign paperwork allowing us to withdraw a meager $300 per month for one year, as dictated by a central bank circular. Although we could have stretched it over a longer period, we opted for one year in hopes of being able to take out more in the future.

Claiming our own money was nothing short of a nightmare.

We spent four agonizing hours at the bank, even though we were the sole customers. Astonishingly, even for a joint (and / or) account, they mandated that both parties be present, an utter waste of our time.

We were confronted with a stack of over 100 pages of legal documents, most of which seemed designed to restrict our rights to challenge the bank (not that it would have mattered, given the corrupt judicial system) and absolve them of any accountability.

To add insult to injury, we discovered that our account had been labeled as "dormant," despite our inability to use it. Looking at the account statement, we were appalled to see a $200 monthly inactivity fee imposed over the past three months, on top of the account service fee. $200! They hadn't even bothered to inform us of this new fee, as they were obligated to do. It was as if they had realized months ago that we were living abroad and decided to secretly drain our account without our knowledge.

It's brutal.

Lebanese people have been robbed twice over.

First, they are denied access to their own money.

Then, the meager funds they can claim are held hostage, contingent upon relinquishing their right to justice.

And if they fail to claim their own money, the banks continue siphoning it away under the guise of arbitrary "legal" banking fees.

But amidst this turmoil, there's a glimmer of hope.

Self-custody is the future.

#Bitcoin.

While in #Lebanon I've come to the realization that for most, the decentralization of #Bitcoin is the hardest concept to grasp.

People here have a hard time wrapping their heads around a monetary system that does not involve banks, central banks, or any type of central authority even though their trust in these institutions which robbed them of their life savings, is at an all time low.

It blows my mind.

More awareness and education is needed.

Take away their ability to unbank you and you will overcome them.

Take away their ability to reduce your purchasing power and you will outlast them.

Take away their ability to censor you and you will outshine them.

#Bitcoin does all these things.

It is the ultimate hedge against oppressive governments.

We need to advocate for increased #Bitcoin education and awareness in #Lebanon. While the widespread use of Bitcoin as a payment system may not be feasible at this moment, understanding its principles can shed a powerful light on the deep-seated corruption within our country.

Bitcoin education can empower our population with essential financial knowledge, bringing them closer to financial literacy. Moreover, it has the potential to unite our people against the political elite, rallying them under the banner of truth and transparency. This education can be the catalyst for positive change in our society.

The current monetary system is inherently flawed, favoring the privileged (i.e., asset owners) and exacerbating the wealth gap among salaried middle to low-income earners.

As long as this system persists, economic inequality will continue to widen.

#Bitcoin, as a monetary system, offers a potential solution by leveling the playing field.

To better understand this issue, it's essential to explore the Cantillon effect and delve into Bitcoin.

#Bitcoin is:

🟠 #Money that cannot be taken away from you.

🟠 Money that can be transferred around the globe without needing to trust institutions or middlemen.

🟠 Money that cannot be inflated away.

🟠 Money that removes the human corruption element.

🟠 Money that empowers your freedom to transact.

🟠 Money that banks the unbanked.

🟠 Money that encourages saving versus spending.

🟠 Money that you truly take responsibility for and possession of.

🟠 Money that was created to spite the incumbent and privileged.

🟠 Money for the people, by the people.

🟠 Money that levels the playing field.

🎓 Study it.

#Bitcoin secures your time and energy. It is a technology that safeguards the value of your labor against monetary debasement and any global political agenda. There is no element of human corruption that can change that.

#Money is a tool, and like any tool, it can be flawed. Typically, when we identify a flaw, we seek a better alternative or a substitute.

#Fiat money is flawed; monetary inflation and centralized control are a few of its shortcomings.

#Bitcoin is the alternative you are looking for.

Study Bitcoin.

In a world entranced by glitz and trends, our fascination often inclines toward the flamboyant and contemporary. Superheroes capable of soaring through skies, traversing at the speed of light, wielding superhuman strength, teleporting, and shooting lasers radiate an irresistible charm. In contrast, the hero who stands invincible and impervious might seem to lack flair, appearing somewhat less captivating.

Yet, when directly confronted, the hero defined by indestructibility triumphs, eclipsing all the mesmerizing gimmicks, be it with their own hands or by employing auxiliary tools such as firearms.

Much akin to this unwavering hero, a foundational monetary protocol emerges, Bitcoin. Immutable, and resilient to change, it stands above the rest.

#Bitcoin personifies the very essence of the indestructible hero.

#Altcoins personify the flashy, contemporary and above all, the mortal.

A #Bitcoin spot ETF is a big deal from a marketing and awareness point of view. However:

Not your keys, not your coins.

Self-custody is the end goal.

Spread the word.

#Bitcoin is labelled as a risk asset.

Is it though?

🟠 Its fixed and auditable supply makes it a perfect hedge against monetary debasement.

🟠 Its digital and extremely mobile nature makes it a perfect hedge against geopolitical risks.

🟠 Its decentralization and permissionless protocol makes it a perfect hedge against censorship.

🟠 Its rigid and unchanging rules make it a perfect hedge against human error.

How would you react if someone stole from you? You might confront them, involve the authorities, or seek justice through legal means.

But what if I told you that there's a different kind of theft happening, one that affects your purchasing power? Central banks through monetary inflation silently erode the value of your #money over time, leaving you feeling powerless.

But here's the thing! There's a way to fight back. Study #Bitcoin, a solution that empowers you to take control of your wealth. Don't settle for helplessness, reclaim your sovereignty with Bitcoin.

Forget about the current #Bitcoin price action. Do NOT deviate from the end goal. A decentralized monetary system that levels the economic playing field. Ridding us from the inherent flaws of the fiat standard, mainly the monopoly on money that benefits the privileged few at the expense of the many.

#HODL.

Most people often confuse two important concepts: price inflation and monetary inflation.

When it comes to #Bitcoin, it serves as a hedge against the latter, the more subtle yet more dangerous form. Monetary inflation occurs when central banks increase the money supply, leading to a devaluation of the monetary unit and a decline in its purchasing power. This type of inflation triggers a universal increase in prices, as opposed to price inflation, which tends to affect specific products or services.

By design, Bitcoin maintains an unalterable supply, impervious to modification. This unique feature positions it as a perfect hedge against monetary #inflation.

In a world where financial power often remains concentrated within the grasp of a select few, #Bitcoin emerges as a catalyst, reshaping the very foundations of wealth and control. This paradigm-shifting innovation introduces an alternative monetary system, leveling the economic playing field by dismantling the entrenched monopoly on #money.

Consider our current financial landscape, where a handful of unelected individuals within central banks wield the authority to manipulate the money supply. Every individual, regardless of their background or aspirations, finds themselves involuntarily bound to a system vulnerable to the decisions of this exclusive group.

How can a privileged minority, so detached from the daily realities and struggles faced by the majority of hardworking individuals, make decisions that genuinely serve the betterment of society at large?

Picture these unelected figures stationed aboard the International Space Station, analyzing data and discussing the fate of our planet from the distant vantage of outer space. They hold the power to shape our destiny, all while remaining disconnected from the very soil on which life flourishes.

Let's confront the glaring inadequacy of this outdated and oppressive framework – a flaw that consistently begets political choices favoring the upper echelons of society. The repercussions are nothing short of dystopian: policies that perpetuate inequality and prioritize the few at the expense of the many, underscored by the ever-widening wealth gap between the top 1% and the bottom 50%.

Enter #Bitcoin, ushering a path toward a fairer future. Through its decentralized and transparent protocol, it redefines how we perceive and engage with money. This revolutionary network empowers individuals like never before, ushering in a new era where financial decisions are not dictated by the privileged, but by the free market.

Embrace a future where financial power is democratized, where economic decisions echo the aspirations of the masses rather than the whims of a select elite. #Bitcoin    isn't just a currency; it's a movement that addresses the imbalances of our current system and paves the way for a more inclusive and just world.

Thanks for the response Derek. I'm going to leverage this moving forward.

Well deserved time off! Enjoy!

What's your approach Derek? Do you simply ask if they'd like the tip in #Bitcoin? If so, and they say yes, what is your follow up? Is it to download Wallet of Satoshi?

I'd love to know if you don't mind sharing.

Sadly, most will push back on turning inwards in fear of what they may find.

More responsibility, more accountability and more required discipline are things modern day society does not want to partake in.

We need to defeat self-entitlement at all cost.

Proof-of-Work is a mindset that needs to be retaught.