Embracing Cryptocurrency services to bypass Lebanon’s corrupt financial system
~ 1 Bitcoin In today's volatile cryptocurrency market, many investors are considering the move to sell USDT for cash. This strategy can provide a safeguard against unexpected market swings, offering a more stable asset in uncertain times. Converting USDT to cash not only ensures liquidity but also allows for easier reinvestment into diverse portfolios. It's a practical approach for those looking to balance risk with the flexibility of having readily available funds. Remember, staying informed and adapting to market changes is key to successful financial management. in Cryptocurrencies Collected
Choose the cryptocurrency in which you wish to donate
BITCOIN
ETHEREUM
TETHER
USDC
BITCOIN SV
LITECOIN
All Donations go to local Lebanese beneficiaries
BEIT EL BARAKA
An organization that aims to provide a tailor-made accurate and beneficial response to Lebanon’s economic and multi-dimensional challenges that are depriving Lebanese citizens of their most basic needs and rights.
MINTESHREEN
A lebanese progressive youth movement that seeks to build a modern civil democratic state based on the respect of human rights.
MUWATIN LEBNENE
A citizens’ initiative helping to clean up and rehabilitate streets stricken by the blasts.
EMBRACE LEBANON
A non-profit organization working to raise awareness around mental health in Lebanon.
BAYTNA BAYTAK
A social initiative helping to relocate displaced individuals who have lost their homes to the blast.
More information about the above beneficiaries here
Coins will be traded through our local OTC partner DigitalTransit for cash at or close to market rates.
Cash (USD) will be handed directly to beneficiary organizations, along with details of blockchain transaction IDs and total donated funds.
Why Donate?
Beirut Lethal Explosion.
On the afternoon of a calm summer day in Beirut – Lebanon, the 4th of August 2020; 2750 tons of Ammonium Nitrate blew up in the port of Beirut following a fire. The explosion, that is estimated to be the equivalent of an earthquake with a magnitude of 3,3 on the Richter scale, tore through half of Beirut, leaving an estimated number of 200+ deaths, 7000+ injuries, 50+ missing persons and more than 300 000 people rendered homeless.
The scale and magnitude of the destruction in Beirut is unprecedented. This is why we need to act and help in rebuilding Beirut.
One way to do so is by diversifying the flow of donations coming into Lebanon through this crypto donation fund.
Financial Crisis.
Lebanon’s economic crisis is fast slipping out of control, driven by a currency collapse that’s decimating businesses and plunging families into destitution. While politicians and bankers trade blame on the airwaves, the country’s pound has lost nearly 75% of its value on the black market in the past nine months, sucking the economy into a hyper-inflation spiral.
Food prices are rising so fast that the army took meat off its menus recently.
More importantly, using cryptocurrencies donations will enabled us to bypass the very corrupted conventional financial systems in Lebanon: the banks – which are partially to blame for the deep economic crisis Lebanon has been going through for months now and for the enforcement of capital control on Lebanese citizens.