Bitcoin is trading at an eye-watering 600% premium in Zimbabwe, as the country’s oppressive monetary policy drives local investors towards the decentralized ‘safe haven’ cryptocurrency. BTC Price Hits $75,000 On LocalBitcoins As various media outlets reported in recent days, a full ban on foreign currency in Zimbabwe has triggered a giant premium for Bitcoin, which currently sells for up to $75,000. At press time, BTC/USD hovered around $11,000, meaning the premium reaches a huge 580Read MoreThe post Bitcoin Price Hits $75,000 on Zimbabwe LocalBitcoins appeared first on Bitcoinist.com.