Could India and Zimbabwe the driving force behind bitcoin price rally?
Of course not.
Had it be, the price will be well over $1,000, hehehe…
Bitcoin May Be the Ideal Currency for Zimbabwe during the Times of Hyperinflation
Zimbabwe has been having its own share of economic woes, just like rest of the world. The country is in short supply of currency leading to a financial crisis. The country’s economy has been running on the U.S. dollar since its recovery from the earlier collapse of the economy. The scarcity of the U.S. dollar has got the economists thinking whether Bitcoin is the solution to the country’s current economic predicament.
Read more : Newsbtc, Bitcoin May Be the Ideal Currency for Zimbabwe during the Times of Hyperinflation