Zimbabwe is experiencing hyperinflation for the second time in one decade after using global reserve currency on 2009 to 2016 when they reintroduced Zwlrtgs which cannot be traded outside of Zim.
In 2008 Zimbabwean hyperinflation reached 1 USD equaling 100s of trillions of Zimbabwean dollars. The worst case in history. And now Zimbabwe is on the same wretched road to collapse.
In 2016 after reassurection of a fail concept the Zim dollar was supposed to be 1:1 tho it was 1:2.5 and it got worse and worse and as of now 1 USD is 706 on the official fca (foreign currency auction) and 950~1100 on the parallel black market. On 2020 it was 1:100.
Old tricks like interbank auctions, transaction volume limits, gold coins, CBDC (central bank digital currency), 2% mobile and bank transactions, duty forex and zwlrtgs taxes, multicurrency bans and unbans were retried only to all creating backlogs and illiquidity.
www.Bantucoin.org has solutions and are in currenct negotiations to mitigate the national crisis that mob the once prosperous small nation.
Charity begins in mi casa!
Donations of all cryptos always accepted ask me for my address for any other crypto I will peovide:
Bitcoin
bc1qytflk8gz5umluhxhf5pfq7q5qcym3unja3d9hq
Ethereum
0x42c11F246d443af5C1A9aFD856382aEF32439886
Litecoin
ltc1qh80nalyrunyvrsvw6mpe2tzn4pt0s4lycprewy