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Zimbabwe has announced plans to launch digital currency backed by goldapnews.com/article/digital-currency-zimbabwe-inflation-gold-52faa7783c895f10d0da168e9cfd620b
0 sats \ 2 comments \ @sz 4 May 2023 bitcoin
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0 sats \ 0 replies \ @spraveenitpro 4 May 2023
They could launch one backed by "lumber"
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0 sats \ 0 replies \ @0fje0 4 May 2023
From the article:
Trust in Zimbabwe’s currency is desperately low after people in 2008 had their savings wiped out by hyperinflation, which reached 5 billion percent, according to the International Monetary Fund, nearly a world record.
At least the inflation rate was merely nearly a world record.
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