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Topic: Bitcoin Trading priced at 7,200$ in Zimbabwe (Read 179 times)

newbie
Activity: 16
Merit: 0
September 26, 2017, 08:14:46 AM
#1
 Since it has such a devaluated currency that you need a whole bag of money too buy a measly bread. The people of Zimbabwe, after the government stopped the use of credit cards and restricted the flow of cash in/out of the country, making them to resort to dollar and bitcoin.

What do you guys think about the situation? By the looks of it Zimbabwe will enter in another round of hyperinflation, something that i recently saw starting in Venezuela as they also are starting to turn to Bitcoin


My first post, will appreciate constructive criticism  Embarrassed
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