Tag: hyperinflation

Think bitcoin is volatile? In Zimbabwe it is a safe alternative

Think bitcoin is volatile? In Zimbabwe it is a safe alternative

Written by on November 13, 2017 in News with 0 Comments

HARARE (Reuters) – For most investors around the world, bitcoin is a volatile and highly speculative bet. For Zimbabweans, however, the cryptocurrency seems to offer rare protection from the onset of hyperinflation and financial implosion. Some are turning to bitcoin out of desperation as their bank deposits lose value almost by the day, while others […]

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