Bitcoin Forum

Bitcoin => Press => Topic started by: psybits on April 21, 2013, 12:48:08 AM



Title: 2013-04-16 CNN - Zimbabwe To Make Bitcoin National Currency? Unconfirmed.
Post by: psybits on April 21, 2013, 12:48:08 AM
Zimbabwe to make Bitcoin national currency?

http://feathercoinwiki.aws.af.cm/doku.php

I know it is old news but I haven't seen it in the Press thread.

If this is true (currently unconfirmed) it is massive news.


Title: Re: 2013-04-16 CNN - Zimbabwe To Make Bitcoin National Currency? Unconfirmed.
Post by: BTCLuke on April 21, 2013, 07:38:50 AM
It's just someone trying to influence the current price of BTC when he launched it. His username there was somewhat of a giveaway, but the real reason you know this is total Rhinoshit is simply imagining commoners in Zimbabwe trying to pay for bread with bitcoins... ;)


Title: Re: 2013-04-16 CNN - Zimbabwe To Make Bitcoin National Currency? Unconfirmed.
Post by: psybits on April 21, 2013, 07:50:37 AM
It's just someone trying to influence the current price of BTC when he launched it. His username there was somewhat of a giveaway, but the real reason you know this is total Rhinoshit is simply imagining commoners in Zimbabwe trying to pay for bread with bitcoins... ;)

Ha ha ha well never say never - but I'm not sure whether Mugabe adopting BTC as the national currency would be good for Bitcoin or bad for Bitcoin  ;D


Title: Re: 2013-04-16 CNN - Zimbabwe To Make Bitcoin National Currency? Unconfirmed.
Post by: andicatorx on April 21, 2013, 08:12:52 AM
That is a user created content, it's not official. Imagine if bitcoin is a country's national currency at this stage, the price fluctuation of btc will make people think twice before spending their btc. A loaf of bread could cost 0.01btc today 0.003 tomorrow 0.08 another day and so on...


Title: Re: 2013-04-16 CNN - Zimbabwe To Make Bitcoin National Currency? Unconfirmed.
Post by: psybits on April 21, 2013, 08:16:24 AM
That is a user created content, it's not official. Imagine if bitcoin is a country's national currency at this stage, the price fluctuation of btc will make people think twice before spending their btc. A loaf of bread could cost 0.01btc today 0.003 tomorrow 0.08 another day and so on...

That is still probably more stable than the current Zimbabwean economy  :D Throw in the potential upside and adopting Bitcoin could be the smartest thing Mugabe ever did. I wonder who thought of this devious plot to put this on CNN ha ha.