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.

bitcoin

Zimbabwe has announced plans to launch digital currency backed by gold

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. 