In this episode, Mark sits down with Naz Kabbani, an investor formerly at BECO Capital (the Middle East’s largest VC fund with $900M AUM) and Paradigm (a leading crypto VC fund with over $12Bn AUM). Naz shares an eye-opening firsthand account of the Lebanese Banking Crisis, revealing how his family—like many others—lost 75-80% of their life savings almost overnight.
But in the chaos, an underground economy emerged, driven by crypto adoption, particularly Bitcoin and USDT. Operating largely through Telegram and Signal, this shadow economy has allowed Lebanese citizens to reclaim financial autonomy despite heavy governmental restrictions and corruption. Discover how crypto is quietly shifting power back into the hands of the people, reshaping Lebanon’s economic landscape in real-time.
This remarkable story highlights crypto’s true global potential and its profound impact on people’s lives during crises.
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