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Bitcoin Price Soars To $13,000 In Desperate Zimbabwe

November 16th, 2017
Categories: News

Link: http://www.blacklistednews.com/Bitcoin_Price_Soars_To_%2413%2C000_In_Desperate_Zimbabwe/61667/0/38/38/Y/M.html

Those awaiting cash transfers at a bank may wait a month to be cleared and, even then, the transfer may be refused. In October, Zimbabwe demand started to impact the global price of the cryptocurrency, and two weeks ago we noted the doubling of the price of Bitcoin in Zimbabwe as uncertainty about the nation's stability sent citizens into a decentralized currency that was out of Mugabe's reach. Bitcoin isn’t just being bought by individuals, but by businesses with bills to pay.

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