The Last Trade E081: Confronting the Chaos of Currency Collapse with Ralph Gebran
Ralph Gebran, managing partner at OnRamp MENA, joins Jackson Mikalic, Michael Tanguma, and Brian Cubellis for a deeply personal conversation about Lebanon's banking collapse, unofficial capital controls, and the devastating effects of currency failure on ordinary families. Ralph recounts how Lebanon's banking system trapped depositors, how the Lebanese pound collapsed from 1,500 to over 100,000 per dollar, and why these events cemented his conviction in Bitcoin as the only reliable savings technology. The discussion extends to a comparison of the UAE's business-friendly, Bitcoin-welcoming regulatory environment versus the slow deterioration seen in Canada and other Western economies. Ralph shares insights from OnRamp MENA's work bringing multi-institution Bitcoin custody to the Middle East and why regulators in Bahrain and the UAE are more forward-thinking than most Western counterparts.
Show Notes
Ralph Gebran, managing partner at OnRamp MENA, joins Jackson Mikalic, Michael Tanguma, and Brian Cubellis for a deeply personal conversation about Lebanon's banking collapse, unofficial capital controls, and the devastating effects of currency failure on ordinary families. Ralph recounts how Lebanon's banking system trapped depositors, how the Lebanese pound collapsed from 1,500 to over 100,000 per dollar, and why these events cemented his conviction in Bitcoin as the only reliable savings technology. The discussion extends to a comparison of the UAE's business-friendly, Bitcoin-welcoming regulatory environment versus the slow deterioration seen in Canada and other Western economies. Ralph shares insights from OnRamp MENA's work bringing multi-institution Bitcoin custody to the Middle East and why regulators in Bahrain and the UAE are more forward-thinking than most Western counterparts.
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