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World Blockchain Roadshow 2018 – Asia and Europe • June 28 - August 18, 2018

That is the story of wbrshow.idacb.com — where you will find best investors from most popular areas. We picked up…

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Tag: hyperinflation

Largest Cryptocurrency Exchange in Zimbabwe Sues the Nation’s Central Bank and Wins

Category: Bitcoin, Business, Finance, News, Regulation

Largest Cryptocurrency Exchange in Zimbabwe Sues the Nation’s Central Bank and Wins

It’s now becoming quite common for apex banks to take the law into their own hands and place blanket bans on cryptocurrencies even though they have little or no legal rights to make such drastic decisions. On May 11, 2018, the Reserve Bank of Zimbabwe (RBZ) barred citizens from owning, trading or transferring bitcoin. The country’s cryptosphere refused to go…

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Venezuela in Crisis: Bitcoin Remains a Haven

Category: Altcoins, Bitcoin, News

Venezuela in Crisis: Bitcoin Remains a Haven

The inflation rate of the Venezuelan bolivar has increased to triple digits, leading to a financial turmoil which Venezuelans have struggled to cope with over the past two years. As a result, families and households have turned toward bitcoin, a decentralized digital currency, to mitigate the financial damage inflicted by the plummeting value of the Venezuelan bolivar. In January 2017,…

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The Death of Sovereign Fiat in Zimbabwe

Category: Bitcoin, Commentary, Finance, News

The Death of Sovereign Fiat in Zimbabwe

Zimbabwe’s economy has been struggling since President Robert Mugabe encouraged the takeover of commercial farms owned by white settlers in 2000. This sparked a chain of events that lead down the path of economic fragility and downturn. Zimbabwe’s economic challenges are once again highlighted, as its sovereign currency is no longer in use and President Mugabe is trying to establish…

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