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22 Nov 2017

Increasing bitcoin demand in Zimbabwe

Increasing bitcoin demand in ZimbabweRecord bitcoin price in Zimbabwe. Now almost $14 thousand are being asked for bitcoin in the country, and it is almost 2 times more than its price set on the world market. According to experts, the reason of sharp rise in the rate is the instability in the country, the difficulties with international payments with fiat money and the increased demand for cryptocurrency. “Bitcoin grew up in Zimbabwe primarily because it is mainly used as transactions, not in the local market, but for making money transfers. Many Zimbabweans work abroad and send money home exactly in this currency”- says Lorenzo Fioramonti, Professor of Political Economy of the University of Pretoria. Our partner: https://hostcoin.io/ Our service list: We are on twitter: https://twitter.com/KolesCoinN

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