123. Adventures in Late Stage Fiat: Libya with Nasr El-Hadi

<p>In this seminar, learners at <a href='http://saifedean.com/'>saifedean.com</a> discuss the current state of the fiat monetary system as the world experiences the dollar strengthening and other fiat currencies weakening. Regular seminar attendee Nasr El-Hadi discusses the history and the current state of the Libyan monetary system, where the central bank has split into two central banks each issuing the same currency with a different signature, with hilarious and disastrous consequences. Find out what happens when fiat &apos;hard forks&apos;, and how bitcoin and stablecoins are serving as a lifeline for Libyans who have no functioning monetary or banking system in this incredible adventure in Late Stage Fiat! Nasr El-Hadi is a Libyan bitcoiner living in London, and his twitter is <a href='https://twitter.com/NasrElhadi'>@NasrElhadi</a>.</p>