Central banking

• Brief history of central banking.
• The purpose and mandate of a central bank.
• The tools that they use to achieve their goals.

Fractional reserve banking

• Brief history of fractional reserve banking.
• Practical example on how it works.

What is money?

• Brief history on money (barter, commodity, and fiat money).
• What makes money, money.
• Different phases money has to go through (store of value, medium of exchange, and unit of account).
• How has the current monetary system which has been around for 50 years been holding up. 

• What happened to our money? 
• What caused its collapse and led to hyperinflation?

Bitcoin and what it means for Lebanon?

• What is Bitcoin?
• Who created it and why?
• What are its benefits?
• How does it solve the flaws of the current monetary system?
• How does it help Lebanon?

• Self-custody - no longer having to trust third parties to store your wealth.
• Electricity - subsidy through Bitcoin mining.
• Remittances - global and instant transfer of value.
• Censorship resistance - protection of wealth against oppressive governments.
• Monetary inflation hedge - limited supply protects against central bank currency debasement.
• Hyper transportability - the cross border movement of wealth during times of geopolitical turmoil
  

Speaker's Bio

Ralph Gebran - Bitcoin Educator, Co-Founder of The Coin Files, Senior Business Developer, and Investment Professional

Ralph Gebran is a seasoned financial expert with over a decade of experience spanning North America and the Middle East. He began his career in Lebanon as a Foreign Exchange trader, gaining insights into global financial markets and currencies. Taking his experience beyond Lebanon, he became a trader at Canada's largest brokerage firm, where he refined his trading skills and expertise in financial markets.

Subsequently, Ralph assumed roles with Canada's top 5 asset managers, shifting his focus to driving sales, crafting effective marketing strategies, and streamlining intricate financial products.

Armed with a Bachelor's degree in Banking and Finance and a Master's degree in Finance from the American University of Beirut, he combines academic rigor with practical experience, providing a comprehensive understanding of the financial world.

Ralph's passion for education and his quest to understand money led him to Bitcoin. Recognizing the profound impact of the revolutionary digital currency, Ralph has become a dedicated Bitcoin enthusiast. He firmly believes in the transformative power of Bitcoin as a decentralized form of money and is committed to sharing his insights and knowledge with others about its economic and social significance.

Tickets are free, but booking is a must!

Places are limited, book here: https://ihjoz.com/events/6907#checkout

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This session will be online from the comfort of your home.

This session is part of the Free Online Series Program done by I Have Learned Academy in collaboration with KAS: "Thoughts & Talks for a Better Lebanon"