Convert Bitcoin to Lebanese Pound
Please provide values below to convert Bitcoin [BTC] to Lebanese Pound [LBP], or Convert Lebanese Pound to Bitcoin.
How to Convert Bitcoin to Lebanese Pound
1 BTC = 9.44123916267719e-11 LBP
Example: convert 15 BTC to LBP:
15 BTC = 15 × 9.44123916267719e-11 LBP = 1.41618587440158e-09 LBP
Bitcoin to Lebanese Pound Conversion Table
| Bitcoin | Lebanese Pound |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.