Egypt's currency was unpegged this week as part of a plan to secure eight billion dollars of loans from the IMF/World Bank. Within 48 hours the currency lost about 1/3rd of it's value against the USD. As normal this was all tied into stipulations that the IMF require for this so called "bailout". Let's discuss!

Bitcoin Weekly Close Price

March 10rd, 2024: $69,025

Block Height at Time of Recording

834,131

News and Links

https://www.bloomberg.com/opinion/features/2023-09-12/africa-s-lost-decade-economic-pain-underlies-sub-saharan-coups

https://www.economist.com/middle-east-and-africa/2024/03/07/why-africa-is-cryptos-next-frontier

https://thefederalist.com/2024/03/06/the-uns-green-energy-plan-will-widen-the-energy-gap-keeping-the-worlds-poor-in-squalor/

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license

Ethernight Club by Kevin MacLeod

Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license