Post
Topic
Board Press
Re: [2017-11-21] Bitcoin Isn’t Legal, Says Zimbabwean Central Bank Official as Price
by
1Referee
on 21/11/2017, 22:47:35 UTC
I think the military is trying to establish control over all matters, including monetary policy.

It definitely looks like so, but I very much doubt that it will change anything in how that country will move forward when things cool down a bit. I obviously hope that I am wrong, but if we look at how things usually go in that part of the world in similar situations, nothing has changed. People still suffer from the same problems, haven't moven a single bit forward financially, etc. In that regard, I expect Bitcoin to remain a safe haven for the people there, regardless of what their central bank official is saying. People there have basically nothing to lose, but only to gain with Bitcoin. It's the only bit of financial freedom they will be enjoying in their entire life, and at the same time an ultimate hedge against their worthless fiat currency.