Bitcoin proponents are raising awareness of fiat currency alternatives for Zimbabweans after the country’s central bank suddenly banned a popular payment option. Central Bank Halts Mobile Cash Overnight As local news outlet TechZim reported on September 30, the Reserve Bank of Zimbabwe (RBZ) has shut down so-called cash-in, cash-out transactions. Ubiquitous in Zimbabwe, cash-in, cash-out allows users to convert their mobile phone balances into hard cash and vice versa. In the face of economic turmoil,Read MoreThe post Zimbabwe Bans Mobile Cash And Forex But Bitcoin Remains Unknown appeared first on Bitcoinist.com.
