RE: Bitcoin in Zimwabwe Hits 13 000 USD!

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Bitcoin in Zimwabwe Hits 13 000 USD!

in bitcoin •  7 years ago 

In the past decade Mugabe's government has lead Zimbabwe through two bouts of hyperinflation and in the end this turned out to be his undoing. At the peak in 2008, the Zimbabwe inflation rate was an astonishing 89,700,000,000,000,000,000,000%. There is no clearer example of the importance of monetary discipline imposed by limited currency supply than this. At least until we see what happens in Venezuela.

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