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RE: Bitcoin Prices are Soaring On Zimbabwean Exchange, Recently hit $7200 per Coin.

in #bitcoin7 years ago

am just thinking,if am zimbabwean with an internet connection, why would i buy on that exchange when i can as well buy on other exchanges that sell for less. there are exchanges that accept credit/debit cards i guess.

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but no other exchanges accept zimbabwean money. So if you want to get rid of it for USD, you still going to pay a premium. With those USD, you could try to buy Bitcoin with it but if you don`t have a bank account who can hold USD you are screwed.

It is not that easy.