20-10-2017 20:22 via cryptoinsider.com

Zimbabwe – a Bitcoin case study

After scrapping the national currency in 2009 when its inflation rate soared to an unbelievable 89 sextillion percent, Zimbabwe turned to foreign currencies which was a breath of fresh air for those who saw their savings become worthless. But now, the African country is facing an unprecedented cash crunch leaving many to search for a solution.
At the end of 2016, Zimbabwe’s central bank began issuing “bond notes,” or “bollars,” a paper currency-like note officially
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