There is very little actual cash… and what cash there is, usually is really old, frail, dirty US dollar bills. All the rest of the transactions are done digitally with mobile phone and bank debit cards. And, because of this, bitcoin trades 50-100% higher in Zimbabwe than anywhere else in the world.
12-13 07:22 - 'In my country (Zimbabwe) Bitcoin is trading at $31 000! On the exchange Golix [link]. The arbitrage opportunity is unprecedented. I have traded a couple of times but I am interested to know where I can find someone to inves...' by /u/takudzwagezi removed from /r/Bitcoin within 8-18min
''' In my country (Zimbabwe) Bitcoin is trading at $31 000! On the exchange Golix [link]1 . The arbitrage opportunity is unprecedented. I have traded a couple of times but I am interested to know where I can find someone to invest. I am working on funding a new exchange of my own. Donations welcome: 1GYhh9Fqka5CSukJUSJZmFPuEGeuC7UAUF ''' Context Link Go1dfish undelete link unreddit undelete link Author: takudzwagezi 1: w*w*goli*.co*/ Unknown links are censored to prevent spreading illicit content.
In Zimbabwe, Bitcoin is trading at $10,000 , almost double the price. What are pros and cons of this in both the short and long runs? /r/BitcoinMarkets
Zimbabwe has long been a hive of cryptocurrency trading. But aside from some rumors after the government banned forex trading in Oct 2019, bitcoin’s fate in this country has been someone uncertain. Not for much longer, though. At long last, the Reserve Bank of Zimbabwe (RBZ) has drafted a proposal to regulate cryptocurrency. Create your own LocalBitcoins.com trade advertisement in Zimbabwe or try with different search. Create advertisement Buy bitcoins online in Zimbabwe For example, on one of the world’s largest peer-to-peer bitcoin trading platform, LocalBitcoins, there are six offers for bitcoin in Zimbabwe, at the time of writing, with a total supply of less than $30,000 worth of BTC. On the bid side, there are six traders who are willing to purchase the crypto but it should be emphasized that some of There has been a lot of international interest in how much bitcoin trades for in Zimbabwe, premiums reaching as high as 85% here, though, in reality, the money we are using is not really real Is Bitcoin Legal in Zimbabwe? Cryptocurrencies are a global entity that cannot be controlled by any government since they are transacted virtually. In Zimbabwe, the government has forbiddencommercial banks from engaging in the trade of Bitcoin and other virtual currencies. However, this does not make it illegal for Zimbabweans to trade in Bitcoin.
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