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To ensure that the value of Bitcoin is not compromised by an infinite supply, Satoshi Nakamoto wrote in a “halving event” that happens every 210,000 blocks. When Bitcoin’s network first began, Bitcoin’s block reward was 50 BTC per block mined. This was halved in 2012, at block #210,000, where the block reward became 25 BTC.

Lebanon sets its central banking system on fire. Facing the worst economic crisis in history, and with its currency devalued.

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The Lebanese economy is at the brink of collapse. Since October 2019, the Lebanese pound has lost 80% of its value.

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Lebanon is in the midst of the worst economic crisis in modern history. With its currency devalued by 85%, it is up to the.