I have just been reading these articles that there is such a shortage cash in Zimbabwe and big inflation that the poplulation seems to be fleeing to the cryptosphere
and in doing so they have driven up the price of bitcoin in their one exchange : Golix.io to extreme hights
they are now paying 9k for one bitcoin and 475 for dash
I have quickly created an account on golix to check and this is indeed true as you can see on the screenshot below
I did not have time to investigate a bit more but now that the news is out there this is probably going to be taken advantage of
my question is this though:
do you consider it fair to do so because you are basically robbing people living in a country on the brink of bankruptcy
I know bitcoin is a free market and sometimes there are slight differences between exchanges but seeing close to 50% difference must be abnormal even if the demand is really low
I personally would feel bad in doing so but can imagine that less scrupulous people will and are taking advantage
screenshots are mine
sources
https://bitmakler.net/african-golix-exchange-values-bitcoin-at-over-9-000-right-now__news_164973
http://www.newsbtc.com/2017/10/20/african-golix-exchange-values-bitcoin-9000-right-now/