gladstein on Nostr: Not having control of your money takes on new meaning in some places: it can be the ...
Not having control of your money takes on new meaning in some places: it can be the difference between life and death
In Gaza's "currency desert," people have to try and wait up to 15 days, dodging airstrikes, heatstrokes, and looters simply to withdraw their wages and remittances into cash
There are only 3 working ATMs, and living costs have quadrupled since October 7th. Most people can't access their money anymore and live on handouts
The craziest part: the paper currency that merchants most widely accept in Gaza are Israeli shekels. Meaning, the very notes issued by the state that is currently bombing Palestinians to smithereens
Fiat currency is so irredeemably broken
https://www.csmonitor.com/World/Middle-East/2024/0703/gaza-war-palestinians-cash-atms
In Gaza's "currency desert," people have to try and wait up to 15 days, dodging airstrikes, heatstrokes, and looters simply to withdraw their wages and remittances into cash
There are only 3 working ATMs, and living costs have quadrupled since October 7th. Most people can't access their money anymore and live on handouts
The craziest part: the paper currency that merchants most widely accept in Gaza are Israeli shekels. Meaning, the very notes issued by the state that is currently bombing Palestinians to smithereens
Fiat currency is so irredeemably broken
https://www.csmonitor.com/World/Middle-East/2024/0703/gaza-war-palestinians-cash-atms