The World Bank stopped tracking inflation in Zimbabwe in November 2008, when it reached 79.6 billion percent. One year later, the country abandoned its currency. The exchange rate at the time was $35 quadrillion Zimbabwean to $1 USD…. inflation kills!

The World Bank stopped tracking inflation in Zimbabwe in November 2008, when it reached 79.6 billion percent. One year later, the country abandoned its currency. The exchange rate at the time was $  35 quadrillion Zimbabwean to $  1 USD.... inflation kills! submitted by /u/Crevative
[link] [comments]

Bitcoin – The Currency of the Internet

Bitcoin is under threat from hackers as its price surges – but they can be stopped

If you purchase Bitcoin through an online exchange and choose to store them there too, your security lies in the hands of whichever service you use. If the exchange is hacked – something that isn't uncommon – the currency you own could be stolen. That's because the exchange will hold users' private …
Google Alert – bitcoin

A bitcoin conference has stopped taking bitcoin payments because they don't work well enough

An upcoming conference dedicated to cryptocurrencies and blockchain technology has stopped accepting ticket payments in bitcoin, suggesting that the method was slow, costly and labor-intensive. The North American Bitcoin Conference, held in Miami next week, said on its website that network …
Google Alert – bitcoin