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Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read: Global..
Zimbabwe’s economy has been in dire straits for many years, forcing citizens to adopt bitcoin and cryptos. Massive hyperinflation brought on by poor government policies has seen many descending into poor living conditions. But like most governments, Zimbabwe is skeptical about cryptocurrency, as it..
P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically embattl..
News Bitcoin (BTC) trading in Zimbabwe has continued to surge after the government banned the use of foreign currencies on June 24, business news agency Quartz Africa reported on July 10. The country is reportedly seeing a rise in peer-to-peer (P2P) crypto trading as there are no local exchanges o..
Peer-to-peer Bitcoin exchange of LocalBitcoins has continued to soar after the Zimbabwe government implemented a ban on foreign currency transactions. Zimbabwe: Bitcoin or Bust As reported by Quartz Africa, Peer-to-peer Bitcoin transactions in Zimbabwe recently reached a new high after President Em..