Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: MoonyHexe on April 16, 2018, 09:26:28 PM



Title: Cryptocurrency ATM installed in Zimbabwe
Post by: MoonyHexe on April 16, 2018, 09:26:28 PM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: 12tribes on April 16, 2018, 09:34:26 PM
This is an awesome development and clearly shows that the bitcoin revolution is not border constrained. This will open up new opportunities in Zimbabwe where this revolution has begun. Good news here.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: kenelmark on April 16, 2018, 10:16:37 PM
some people here are asking, how can bitcoin help world economic. I think this is the right answer.
Bitcoin can become a currency for a nation which has lost their own currency due to monetary inflation. Bitcoin has become an international currency at this point. once again, technologies help the world to solve its problems. this can raise bitcoin reputation among economic discussions. and also will give positive mood to bitcoin markets.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: ahmadakbari on April 16, 2018, 10:33:53 PM
Hopefully Bitcoin can solve the currency issue in Zimbabwe which has haunted the nation for the past decade

It's a good decision which has been made by Zimbabwe. But I don't think it can help them to control the inflation. There are many problems that must be solved. The gross domestic product must be grown in Zimbabwe. Bitcoin can be only a tool for people to use it for their sells and buys. It cannot help their economy.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: SaShiRaJaVu on April 16, 2018, 11:48:51 PM
Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.
It is a good news for the people of that country who is struggling with the political system and their inability to move the country forward, bitcoin is the only solution for people who are living in these types of situations and i am eager to know their long term position on bitcoin, even when the price of global exchange were close to $20k in peak time the exchange in Zimbabwe topped at around $26k because of the demand.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: jayco25 on April 17, 2018, 12:49:59 AM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.


It is a great new the a lot of country now accepting virtual and start installing cryptocurrency ATM and I hope more ATM machine in all country in the future. I believed next 5 year price of crypto will rise so better invest now you can afford to lose.

#Taklimakan


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: 1nvestments on April 17, 2018, 01:14:22 AM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.

Thats amazing news ! All these countries in 3rd world would need this . Zimbabway is the perfect example of what over printing currency did to them ! I think its great there using bitcoin if it can help there econony .


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Ale88 on April 17, 2018, 01:25:21 AM
Very great news, I really hope that bitcoin and other cryptos can actually help their economy and reduce the huge inflation they have.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Olrac on April 17, 2018, 01:26:02 AM
great news like this one must be spread out all over the world in order to motivate and convince other countries that cryptos have been very helpful in the development of economy particulary of those third world countries. it is a good thing that they are open to changes by utilising crypticurrencies in everyday life. i'm sure that many citizens in zambabwe are happy as their life has become easy with atm cryptos.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: bajindul88 on April 17, 2018, 01:28:59 AM
Good news for Zimbabwean people, we know that money in zimbabwe is so low in value that it is sold in the traditional market. This is a solution for people to use bitcoin wherever located and haven't to bring money from zimbabwe who must carry some money bags.
Looking at the zimbabwe currency inflation rate is very high, bitcoin is the best solution to facilitate economic growth in zimbabwe. Good luck


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Kemarit on April 17, 2018, 01:38:47 AM
How much is the fee though? The article didn't mentioned it. The reason why I asked is that I'm thinking that the fee's might be higher and might affect crypto enthusiast in Zimbabwe not unless they are really in a hurry. We all know that Zimbabwe is having a economic crisis  that's why bitcoin and other crypto has been flourishing because its been used as hedge and most of the time the price of bitcoin in their local exchanges are higher compare to the Western counterpart. I'm pretty sure that is really a welcoming news for them, because its makes sense to get alternatives like crypto's and Golix will make bitcoin and litecoin more accessible to the public. Zimbabwe crisis is a good use case on how crypto can be useful in a failed economy. But I will be cautious as to how much fee they are going to charge though, so its good to look at localbitcoins not unless you are in a emergency and needed USD so getting to a ATM is the only option.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: gobingo on April 17, 2018, 02:01:01 AM
This is a very good decision taken by Zimbabwe, with developed crypto currencies I think this could better address their economy, and Zimbabwe needs to be copied in ATM crypto or bitcoin machines.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: virendarnagpal on April 17, 2018, 02:20:08 AM
Currency is not responsible for inflation.  Economic / market / industrial / trading / financial are so many reasons which are responsible behind inflation.  Negative trust over the Nation's economy triggers or shoots up inflation.  So if we talk about inflation; we have to solve economic and social problems not mere change of currency will solve the issue.
Bitcoin ATM installation is welcome in Zimbabwe.  This will definitely be advantageous to foreign tourists using bitcoin.  Because they will not have to convert their currency to Zimbabwean currency which is weakening always.  They will have no worry for inflation.
But as far as the citizens of the country; there may not be any change in their economic problems due to bitcoin.  Because if production is low, there is unemployment, low business, low agriculture growth,, lesser exports, more imports what bitcoin will do in it.  It is the people of Zimbabwe and the Government who have to take effective positive steps, work hard to change the negative conditions to positive conditions.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: sate_padang on April 17, 2018, 02:23:37 AM
With the bitcoin ATM I believe it will all bring good impact to Zimbabwe, and this will solve the financial problems that are happening in Zimbabwe, and I hope that more countries will use bitcoin ATMs.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Sudarmoon on April 17, 2018, 02:53:16 AM
Zimbabwe has experienced inflation and economic crisis is very large and apprehensive, and with this bitcoin ATM machine I think will be able to help Zimbabweans to quickly recover and develop.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Nellayar on April 17, 2018, 02:59:06 AM
People are underestimate Africa but in reality, African countries are more better than Asian countries, where do I belong. I expect that Africa will now belong to the top listed countries where the adaption to the global industrialization takes place.
I think putting up a crypto-ATM will not cause much an inflation and I am amaze because here in my country, I don't hear even a plan that crypto-ATM will exists.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: wongedon897 on April 17, 2018, 03:16:41 AM
i like you post. cryptos have been very helpful in the development of economy particulary of those third world countries. it is a good thing that they are open to changes by utilising crypticurrencies in everyday life.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: MinerHQ on April 17, 2018, 03:27:06 AM
some people here are asking, how can bitcoin help world economic. I think this is the right answer.
Bitcoin can become a currency for a nation which has lost their own currency due to monetary inflation. Bitcoin has become an international currency at this point. once again, technologies help the world to solve its problems. this can raise bitcoin reputation among economic discussions. and also will give positive mood to bitcoin markets.

I didn't understand how bitcoin can become a currency of Zimbabwe (or any other country) just by having a Bitcoin ATM installation?

I do agree that bitcoin demand will grow up and many people may easily buy and sell with these ATM's and which indirectly increases bitcoin prices. The more and more countries start accepting bitcoins then market volatility also reduces because many small investors will be holding the coins.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: interna on April 17, 2018, 04:04:06 AM
Nice to see this initiative being taken in your country at a time when some countries are passing strict laws against bitcoins. It just shows ho much confusion there is about the bitcoins as different countries have got different opinion for the bitcoins.

Crypto ATM will not only be helpful the the people living there but people are traveling there can also benefit from it. Now they need no carry a lot of cash or worry if the ATMs there will allow money withdrawals with their credit cards.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Nilda on April 17, 2018, 04:46:34 AM
I hope all governments would be as forward thinking as that of Zimbabwe’s when it comes to cryptocurrency. Instead of embracing the technology, some bureaucrats hinder its growth for some selfish reasons.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: warning_btc on April 17, 2018, 05:02:13 AM
Its good news for crypto and Zimbabwe also, this country reminds me of some financial problems with national currency


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Bill205 on April 18, 2018, 12:05:08 PM
News like these shows us how far bitcoin and other cryptocurrencies have gone and the level of penetration it has is impressive, it is only a matter of time before all countries will have cryptocurrency ATMs everywhere.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: freesia_pnp888 on April 20, 2018, 06:07:04 AM
do they ever need it cuz so far i know that their currency is terribly low and almost useless, but i hope bitcoin could help them out a bit


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: MCJamison1987 on April 21, 2018, 07:21:05 PM
one more constructive development :D


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: WesternCowboyBibop on April 21, 2018, 07:22:08 PM
Perfect news, I really hope that bitcoin and other cryptos atm can installed over the world.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: cloudproject on April 21, 2018, 07:24:52 PM
wow that was a nice news that news development of bitcoin uses in any country that will bring the poppularity of bitcoin itself, hope it can relase in many country and still many people will also intresting on it


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: TTITA on April 21, 2018, 07:40:22 PM
Good news for people in Zimbabwe regions. Hopefully with closer of the presence Bitcoin in Zimbabwe regions can boost the economy of the people, and surely it can be easier to open the gates of the economy's commerce society to the digital world.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Violet_Imps on May 22, 2018, 01:59:12 PM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.

That's great! We have over 300 here in California, which gets crypto out there and makes it tangible for those like me who feel the need to have something to show for it. :D Super excited for Zimbabwe!


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: extrimals on May 22, 2018, 02:07:32 PM
This is interesting news. I doubt that this ATM will be in demand. Or is it a method to lure tourists and bitcoin owners to this country. Even in Zimbabwe has an ATM and in my country there is no


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Gufeng on May 24, 2018, 06:21:55 AM
It is always great to hear news from that part of the world, I heard about whole city, that is functioning on the Ethereum payments there


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Gtrust233 on May 24, 2018, 06:32:50 AM
hope it will be more countries


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Fawez on May 24, 2018, 06:39:52 AM
Also in Johannesburg in South Africa, everyone will have the opportunity to buy Bitcoins with cash from this weekend thanks to the launch of one of the Bitcoin machines (if not the first) in Africa.

As you may know, the African continent's banking network is not yet sufficiently developed (it is estimated that 135 million people in Africa have no bank accounts) and many of them in the Bitcoin community believe that the presence of Bitcoin in Africa could have a positive impact on the local population.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: walemil on May 24, 2018, 06:42:10 AM
This will be great if true because there was a contradictory news from Zimbabwe in the sense that the country's reserve bank order the other banks not to process any cryptocurrency related transactions. The country's currency suffered a lot to inflation and it will be good if they can see cryptocurrency option as a step in the right direction.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Violet_Imps on May 25, 2018, 08:55:07 AM
As you may know, the African continent's banking network is not yet sufficiently developed (it is estimated that 135 million people in Africa have no bank accounts)

This is an opportunity to develop Africa by basically 'banking the un-bankable' and tapping into the potential investors that African has.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Chicryptomama on May 25, 2018, 09:15:13 AM
For a country that has no exact fiat currency of its own,the introduction of a bitcoin ATM machine will allow crypto enthusiasts insert us dollars which are then converted to the volumes of bitcoin that they want.This is a good step geared towards the right direction.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: aiviaa485 on June 07, 2018, 09:53:35 AM
a great development, and very helpful for the people of Zimbabwe and this can raise the price of Bitcoin itself.

but maybe for inflation it is difficult to control, because Bitcoin can only be a medium of exchange, but hopefully in the future Zimbabwean state can stand upright like before.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: taksrkanah on June 07, 2018, 10:15:36 AM
I think this is good news, maybe open the eyes of people who say bitcoin fraud, bitcoin instead of currency, bitcoin is just a pyramid scheme, in this way people will know that bitcoin is useful for real world. And with ATM bitcoin, ordinary people would be easier to buy bitcoins in small quantities without the risk of being cheated by intermediaries.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: zelenkova on June 07, 2018, 10:46:15 AM
In the African countries very large inflation due to strong and not under control corruption! In these countries, crypto coins have become very popular! for residents of these countries, it is very important to have an alternative currency that will not be strongly supported by inflation! I'm not surprised that the first ATMs will appear in these countries!Bitcoin is a glitch of hope for preserving your savings! I am sure that with the arrival of the crypto market in African countries, they will change the economic situation in these countries! Now the development and distribution of the crypto market takes place in large steps, in a few years the crypto-ATMs will be around the world and on every corner! In a few years we will not even notice the arrival of these ATMs! there will be a feeling that these crypto ATMs have stood here for life! the world is changing very quickly, the existing business and the country, very quickly must adapt to the changing world!


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: iv4n on June 07, 2018, 10:56:51 AM
a great development, and very helpful for the people of Zimbabwe and this can raise the price of Bitcoin itself.

but maybe for inflation it is difficult to control, because Bitcoin can only be a medium of exchange, but hopefully in the future Zimbabwean state can stand upright like before.

I doubt that one bitcoin ATM can affect the price, but Its sure a good news when bitcoin is spreading on all continents. Africa is very populated continent, they have a lot of resources if they manage to combine blockchain and their resources they can escape from poverty.
Africa can be one of the leading forces od blockchain in the future, they have man power, they have resources, they have so many deserts where they can build renewable sources of energy, they can build miners. If they manage to organize all that then they will push the price of bitcoin very high. But only if they agree and do something all together, whole continent, only like that they can affect blockchain on larger scales.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: chriskins on June 07, 2018, 11:02:33 AM
It's a good one, if only it will be used effectively and respectfully for the purpose it was created and installed for.
It will boast the knowledge about the crypto world.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: StuartJonson on June 12, 2018, 05:42:31 AM
This news prove that bitcoin is coming to take its control all over the world.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Persiville on June 12, 2018, 05:54:17 AM
a great development, and very helpful for the people of Zimbabwe and this can raise the price of Bitcoin itself.

but maybe for inflation it is difficult to control, because Bitcoin can only be a medium of exchange, but hopefully in the future Zimbabwean state can stand upright like before.

I doubt that one bitcoin ATM can affect the price, but Its sure a good news when bitcoin is spreading on all continents. Africa is very populated continent, they have a lot of resources if they manage to combine blockchain and their resources they can escape from poverty.
Africa can be one of the leading forces od blockchain in the future, they have man power, they have resources, they have so many deserts where they can build renewable sources of energy, they can build miners. If they manage to organize all that then they will push the price of bitcoin very high. But only if they agree and do something all together, whole continent, only like that they can affect blockchain on larger scales.

I certainly agree with it. Although they have lots of resources whether man powernor technology, still it cannot be compared when it comes to the situation that the government is involve, it is really hard. Also if they pushed something to be done then it will really work out.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Pursuer on June 12, 2018, 06:03:56 AM
a great development, and very helpful for the people of Zimbabwe and this can raise the price of Bitcoin itself.

but maybe for inflation it is difficult to control, because Bitcoin can only be a medium of exchange, but hopefully in the future Zimbabwean state can stand upright like before.

I doubt that one bitcoin ATM can affect the price, but Its sure a good news when bitcoin is spreading on all continents. Africa is very populated continent, they have a lot of resources if they manage to combine blockchain and their resources they can escape from poverty.
Africa can be one of the leading forces od blockchain in the future, they have man power, they have resources, they have so many deserts where they can build renewable sources of energy, they can build miners. If they manage to organize all that then they will push the price of bitcoin very high. But only if they agree and do something all together, whole continent, only like that they can affect blockchain on larger scales.

it is not just about the ATM and how many of them there are. it is about what the installation of that one ATM proves. and that is the fact that there was enough demand in that particular place that they had to install an ATM for people to use. in other words it shows that bitcoin adoption is still growing and it is growing fast in places like Zimbabwe. and that growth is going to affect the price and this effect is not going to be in short term. the adoption effects are always visible in the long term. in short term the manipulation is dominant force.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: panukurap on June 12, 2018, 06:09:58 AM
this is very good news, hopefully bitcoin or crypto can solve the inflation problem there, and can help also the economy in Zimbabwe country, and I hope also crypto ATM in pairs also in all countries that have legalized crypto.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: kudil on June 12, 2018, 06:22:22 AM
Wow :o I just found it, cryptocurrency is growing. This is proves that crytpocurrency not only for developed countries but for all countries and community. I still hope Indonesian (my country) can application this technology like Zimbabwe :)


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: DreezHoly on June 12, 2018, 06:26:42 AM
Its quite a good gesture that crypto is gaining recognition across the borders, now this is the time for Africa and Zimbabwe seems to be among the African Nations embracing BTC, this is a good development as the Bitcoin Gospel needs to be spread far and wide


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: SmileyLadd on June 12, 2018, 07:04:21 AM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.

I think this is one of the good news that I have seen today, but in terms of security, in my opinion, I think their government cannot guarantee the safety of the Cryptocurrency installed in their ATM.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: boblets243 on June 12, 2018, 07:09:51 AM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.
The installation of crypto-atm is a good way of acceptance in zimbabwe. Likewise, crypto is a blessing for them that it has been a helping hand for them in their economy. Bitcoin will be as another option to earn aside from their current currency which is unstable


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Elachious12 on July 02, 2018, 08:56:41 PM
Same here in my country Nigeria, Cryptocurrency ATM was installed in JOS Town, it is  really a step for Bitcoin, I think the idea will bring more adoption of bitcoin


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: ClaytonLWils on July 02, 2018, 09:20:58 PM
This is really a great news for both crypto industry and Zimbabwe economy. I guess that people will now get involved in the market and it will grow market circulation. As a result crypto market will get some stability and the inflation rate over there will fall down remarkably.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: bp124 on July 02, 2018, 09:59:27 PM
This is getting incredible because it seems with each blessed day the crypto community is getting bigger and bigger. Quite recently it was Kenya who had installed ATM machines that run on bitcoin. I hope other African nations would follow suit to grown this community.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: bere1993 on July 03, 2018, 08:07:27 AM
what a great news? We all know that zimbabwe has recorded the worst level of inflation of modern history. They have lost their own currency during inflation. I think bitcoin has become a savior for Zimbabwe. Bitcoin has become an international currency.Bitcoin can help nations like zimbabwe even in their worst situations. Whole world should open their eyes and should give the proper place for bitcoin.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: towi078 on July 03, 2018, 08:40:00 AM
I hope that this could trigger other countries to take the same stance with Zimbabwe. So it can further increase the popularity of bitcoin. And finally, what is the purpose of creating bitcoin will soon be achieved


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: mr.nby on July 03, 2018, 09:07:06 AM
This is really a great news for both crypto industry and Zimbabwe economy. I guess that people will now get involved in the market and it will grow market circulation. As a result crypto market will get some stability and the inflation rate over there will fall down remarkably.

I wonder what effect the installation of ATMs will have on the economy or high inflation of the whole country. In my opinion, very small. The infaltery will not be reduced only due to the launch of several ATMs. The good side of this is that more and more countries offer the possibility of paying btc from ATMs.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Baekhyun on July 03, 2018, 09:21:05 AM
It's a good news, according to the article I read zimbabwe has not been producing its currency since 2009, this is due to the ever-increasing inflation and making the dollar controlled the country, hopefully with the increased interest of Zimbabwean community on cryptocurrency can reduce the economic crisis that occurred


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: sakamaku on July 03, 2018, 09:23:28 AM

I would love ecommerce ATMs, you find it very perfect, Hopefully closer to the presence of Bitcoin in Zimbabwe can promote the economy of the people, and certainly it has It is easier to open up the commercial social door of the economy


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: andriw on July 03, 2018, 09:28:25 AM
Zimbabwe is the third country after South Africa and Kenya that build bitcoin atm, this is a good development and most likely will be followed by many countries in the continent of Africa


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: longwintershere on July 03, 2018, 09:33:53 AM

I would love ecommerce ATMs, you find it very perfect, Hopefully closer to the presence of Bitcoin in Zimbabwe can promote the economy of the people, and certainly it has It is easier to open up the commercial social door of the economy

ATMs are handy for people who don't want to be buying bitcoin online and they're also good promo for cryptocurrencies as they're like a physical billboards raising the awareness of crypto


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: newwest on July 03, 2018, 09:37:23 AM
This news prove that bitcoin is coming to take its control all over the world.

Zimbabwe is really going through financial turmoil from past few years. Infact their own national currency was dissolved some time back and they are using Dollar now as their currency does not have any value. So btc could act as an another currency for them and a better option.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Greed Dev on July 03, 2018, 09:42:01 AM
This is good news. We should hope that ATM Bitcoin is built in more countries. If this is true, then Bitcoin is probably the most successful and popular in the world


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: BitcoinHunt3r on July 03, 2018, 09:48:34 AM
This news prove that bitcoin is coming to take its control all over the world.
when there are bitcoin ATM it is not really affect on bitcoin itself. because it is only in 1 or 2 country. but will be different if a lot of country have bitcoin atms in every public place that can help people to use it easily


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: RyhaniFoyej on July 03, 2018, 11:04:00 AM
In Zimbabwe Bitcoin ATM has installed.

Cryptocurrencies supports: Bitcoin, Litecoin

Location:
            Batanai Gardens in Harare
            77 Jason Moyo Ave
Here is the map's link: https://coinatmradar.com/city/1396/bitcoin-atm-harare/

It is really a good news for the people of Zimbabwe those who support Crypto-Currencies and those who widely use Crypto-Currencies.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: sajidm on July 03, 2018, 10:43:10 PM
This is a great news... i hope other countries including my country(philippines) to follow zimbabwe to give solutions to our financial problems and give more opportinities to its citizens


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: victorski on July 05, 2018, 03:46:36 PM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.
I would like to read those news every day of my life, because I am strictly persuaded that every of the things like this would make our worldwide bitcoin acceptance a one Step Closer for us.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Rana90 on July 05, 2018, 03:53:12 PM
This is clearly a great news for cryptocurrency and also for crypto trader that crypto ATM are installed successfully. It would be very helpful to speared crypto in all over the world.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Akenosi on July 05, 2018, 04:59:04 PM
Zimbabwe, South Africa and uganda has been the only African that has been showing the sign of adoption of blockchain technology, i just hope others popular Africa follow suit...


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Lima0396 on July 05, 2018, 05:04:02 PM
Zimbabwe has always been on the news when it comes to Crypto currency in Africa, its a great news and hope more advanced countries too can do this.   


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Kingairdrop on July 05, 2018, 08:03:50 PM
Too bad my country does nothing to support bitcoin or any other cryptocurrencies, instead they are fighting against it, passing bills and using the central bank to curtail the activities of crypto related businesses  :'( :'(


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Dasha88fed on July 05, 2018, 08:04:57 PM
Such news is always welcome, because the more cryptocurrency ATM will be installed, the more fans of Bitcoin will be. Because a survey among residents of the USA showed that many people note that it is difficult to acquire Bitcoin and if there were more cryptocurrency ATM, the Bitcoin community would quickly grow and the scope of Bitcoin would be wider.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: wewe123 on July 05, 2018, 08:44:04 PM
It had to be confirm if that is true , if it came out there this country is on crypto , because this countries in africa are not really in advance technology , so if this will be confirmed and true then this is another addition to the success in cryptos going towards the african nation and accepting bitcoin and other cryptos, because of this ATM installed for cryptos.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: funchiestz on July 05, 2018, 08:46:34 PM
The numbers of these Bitcoin ATMs are increasing day by day. I do not know why, especially in African countries, but there is a general trend in crypto moneys.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: yora12 on July 05, 2018, 09:20:49 PM
I hope that Zimbabwe would increase its economy with this act. Honestly I didn`t know that Zimbabwe was so open minded country with visionary people.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Kuga_ZA on July 05, 2018, 09:31:07 PM
Well the way things are in the country, it's about time.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Qpeeps on July 05, 2018, 09:34:08 PM
This is a quite interesting news, especially as Bitcoin was said to be MORE EXPENSIVE in Zimbawe than in the rest of the world, due to the fact that they desperately need it to store their value before it gets destroyed by inflation withing hours (or perhaps minutes?)
I wonder how the ATM would influence all this.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: filtyfrank251 on July 05, 2018, 09:41:24 PM
I hope that Zimbabwe would increase its economy with this act. Honestly I didn`t know that Zimbabwe was so open minded country with visionary people.

I hope that the cryptocurrency will be the driving force to promote the country in difficult circumstances can develop stronger. ATM cryptocurrency has been used in many countries around the world and Zimbabwe is a country that I am quite surprised when they are catching up with the trend of the world.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: cizatext on July 05, 2018, 09:43:56 PM
Wooh that is a great new and the right development in the right directions, this will give the people of Zimbabwe the easy access they need to carry out their cryptocurrencies transactions most especially bitcoin transactions. This is also going to increase the level of demand for bitcoin in the market which will have positive effects on the price of bitcoin.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: peterpeterpeter on July 05, 2018, 09:48:02 PM
Wow.. another country to adopt the operation of cryptocurrencies.
Well , installing ATM machine for Crypto is an awesome move because in that thing you can easily withdraw your money .


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: BelieveInBTC on July 05, 2018, 09:49:26 PM
I'm interested if there is a huge demand on Bitcoin and other cryptocurrencies. Does anyone here live in Zimbabwe or was there not so long time ago? It looks like Bitcoin ATMs are going to get more popular in countries which have problem with inflation. I'm afraid that their governments might decide to ban crypto like in Venezuela which also suffers a lot.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: lamthanh3462342 on July 05, 2018, 09:59:09 PM

The good news about the crypto market, the development of bitcoin is not limited, Zimbabwe whether to closely manage the inflation? I doubt about this and hopefully they will patch the holes if they are.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Goodnuel on July 05, 2018, 11:05:05 PM
That's some very interesting news from Africa, a lot persons do not think that Africa is a part of the bitcoin and crypto currency revolution, but Africa is very much in. Nice one from Zimbabwe..


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Kingairdrop on July 06, 2018, 10:16:30 AM
That's some very interesting news from Africa, a lot persons do not think that Africa is a part of the bitcoin and crypto currency revolution, but Africa is very much in. Nice one from Zimbabwe..

Rightly said, a time will come when Africa as a continent will adopt blockchain technology fully and it will become part of our daily lifes. Zimbabwe as set the stone rolling, i see other African countries joining them.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: F$m@nia on July 06, 2018, 10:26:19 AM
Zimbabwe is also looking ahead to implement the blockchain technology in their banking system.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: greengate01 on July 06, 2018, 10:40:27 AM
Currency is not responsible for inflation.  Economic / market / industrial / trading / financial are so many reasons which are responsible behind inflation.  Negative trust over the Nation's economy triggers or shoots up inflation.  So if we talk about inflation; we have to solve economic and social problems not mere change of currency will solve the issue.
Bitcoin ATM installation is welcome in Zimbabwe.  This will definitely be advantageous to foreign tourists using bitcoin.  Because they will not have to convert their currency to Zimbabwean currency which is weakening always.  They will have no worry for inflation.
But as far as the citizens of the country; there may not be any change in their economic problems due to bitcoin.  Because if production is low, there is unemployment, low business, low agriculture growth,, lesser exports, more imports what bitcoin will do in it.  It is the people of Zimbabwe and the Government who have to take effective positive steps, work hard to change the negative conditions to positive conditions.

This is a big news that ATM were already installed in Zimbabwe.This would be a great help if this can also be inatalled smoothly to all countries.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Mandarava on July 06, 2018, 10:43:42 AM
Good news. Africa is gradually beginning to adapt to the use of crypto currency. This means that soon the same ATMs will appear in other African countries.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: James Smithh on July 06, 2018, 05:18:52 PM
It can be said that Zimbabwe is a rare country in Africa to invest in 2-way bitcoin ATMs, previously only in a few other countries such as Botswana and South Africa. It is located in the Golix Customer Support Office located in the business district of Harare, Zimbabwe. Users can access this bitcoin 2-way ATM on weekdays from 8am to 3pm, in the future will deploy access to 24-hour access.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Shirley Monizz on July 15, 2018, 02:03:34 PM
Yes, as far as I know, Zimbabwe has officially launched the first two-way ATMs that can buy and sell bitcoin and litecoin easily.
This is a really great thing.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: dalvitka on July 16, 2018, 09:46:58 AM
Bitcoin can become a currency for a country that has lost its own money due to currency inflation and will also bring positive mood to the bitcoin market.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: javascript1539 on July 17, 2018, 11:02:03 AM
Bitcoin has become an international currency at this time. This can enhance the bitcoin reputation in economic discussions.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: EmmaBen on September 19, 2018, 12:44:30 PM
This is an awesome development and clearly shows that the bitcoin revolution is not border constrained. This will open up new opportunities in Zimbabwe where this revolution has begun. Good news here.

They may have taken a bold decision by adopting cryptocurrency but it is still early to say whether the move is "awesome" or not. The reason for this argument is because cryptocurrency as it is now is still a form of experimental money, and because of this, its future is largely perceived to be uncertain. So basing a national economy on an experimental form of money means uncertainty in the economic progress of such a nation.
While it remains a good thing to embrace the dynamism of time, one should do that in prudent transition.
And I hope the Zimbabwean economic management body takes note of that.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: ansarose1 on September 19, 2018, 12:52:57 PM
Bitcoin industry was so popular nowadays, since many people are making it know to the world, by promoting bitcoin projects and advertising it. This is one of the results of some hardwork by the investors, traders and also bounty hunters. Everybody's work are counted for the development of bitcoin and cryptocurrency.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Mrengage on September 20, 2018, 12:54:41 AM
Currency is not responsible for inflation.  Economic / market / industrial / trading / financial are so many reasons which are responsible behind inflation.  Negative trust over the Nation's economy triggers or shoots up inflation.  So if we talk about inflation; we have to solve economic and social problems not mere change of currency will solve the issue.
Bitcoin ATM installation is welcome in Zimbabwe.  This will definitely be advantageous to foreign tourists using bitcoin.  Because they will not have to convert their currency to Zimbabwean currency which is weakening always.  They will have no worry for inflation.
But as far as the citizens of the country; there may not be any change in their economic problems due to bitcoin.  Because if production is low, there is unemployment, low business, low agriculture growth,, lesser exports, more imports what bitcoin will do in it.  It is the people of Zimbabwe and the Government who have to take effective positive steps, work hard to change the negative conditions to positive conditions.

Well said, am seconding your point


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Mrengage on September 20, 2018, 12:57:54 AM
This is a welcome develop and should encourage other Africa country like Nigeria... The adoption is there when people see the ATM  it will bring more awareness with adoption of the technology as well

Many people in my country(Nigeria) still see bitcoin as a ponzi scheme a machine will make them see that this is a serious project


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: gesdan on September 20, 2018, 01:08:48 AM
damn i want that the bitcoin ATM or cryptocurrencies ATM is installed in my country too, maybe if there are many Bitcoin ATM in the country it makes people, buyer, seller will use bitcoin as their payment system and makes the bitcoin more popular than before


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: marcbitcoins on September 20, 2018, 02:11:46 AM
So It is now clear that Zimbabwe is really supporting Crypto currency investment because of this development in which favor the Bitcoin. We just hope that Crypto will help their economy to become more strong and stable so that the other African nations will also support this investment.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Chrissanth5524 on September 30, 2018, 09:40:10 AM
Surprisingly, another country accepts the operation of electronic money. Well, installing ATMs for Crypto is a great move because in that you can easily withdraw your money.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: menammeo on October 11, 2018, 05:55:45 PM
Zimbabwe is a rare country in African countries that invests in this machine. Previously, bitcoin ATMs were only available in a few other countries such as Botswana and South Africa. Located in the Golix Customer Support Office located in the business district of the capital city of Harare, Zimbabwe, users can access this two-way bitcoin ATM on weekdays from 8am to 3pm, will be deployed within 24 hours. Golix's COO states that one of the purposes of bringing ATMs to the country is to provide new customers with a simple crypto market. , the easiest way to buy bitcoin as well as other coding currencies. In fact, many Zimbabweans still do not understand the value of the digital currency or in case they prefer to own bitcoin but encounter Obstacles due to lack of knowledge of this advanced technology. Obviously, two-way ATMs in Zimbabwe will meet the need to make the purchase of pre-encoded money closer to more people, people can access better technology. The new Bitcoin update shows that the currency has gained momentum after a crisis, which is a good sign, and also shows that the bitcoin attraction has never really diminished.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Arthurian60 on November 03, 2018, 09:12:33 PM
These ATM machines been installed in Zimbabwe is a good thing but Zimbabwe a remote country. While we can't count them out, we should be realistic. Most of the people there wouldn't use it. In a good a way,  the ATM machines will help to spread the word of Bitcoin to all persons.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Wingleness on November 04, 2018, 09:29:39 PM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.

Gradually the global world is embracing the technology now though they were skeptical about it few years ago. Slow and steady, Bitcoin is changing the world and reaching every heart.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Cryptoreflector_666 on November 04, 2018, 09:33:32 PM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.

How do these ATMs work? People can cash bitcoin and cryptocurrency directly in them, without intermediaries and banks? This is weird. I will try to study this issue as deeply as possible, but it seems to me that you are confusing something. Recently, I read about the legalization of cryptocurrency in some African countries, but about the installed ATMs for the first time I hear. Thanks.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Thomson-Winter on November 06, 2018, 12:58:34 AM
In many countries, ATM coins have been set up, and in my country of residence there are also ATMs but I have not had a chance to try it.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: DisWhale on November 06, 2018, 01:02:35 AM
https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889
INTERNATIONAL - Cryptocurrency exchange platform Golix has decided to  install a Bitcoin and Litecoin ATM in Harare.

Zimbabwe has a growing interest for cryptocurrencies as well as other countries in the region.

Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The 2-way ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies.

Different countries in Africa have decided to deploy crypto-ATMs in their states.

At the moment, only Zimbabwe and Djibouti have functioning crypto cash machines. Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems. Bitcoin and Litecoin could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. The situation is not better years after the inflationary peak.
Zimbabwe is one of the countries in Africa which supports cryptocurrency. No wonder its economy is raising gradually because the people are offered the finanacial freedom through the integration of Blockchain. It has one of the biggest crypto projects called Gold Mining Asset which integrates Blockchain and Mining to bring more value to these two industries. With time, more African countries will follow the trend to better the economy.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: tiktak89 on November 06, 2018, 09:09:04 PM
This is a very important decision for a developing country, because the use of cryptocurrency can significantly affect the economy of Zimbabwe in a positive way. I hope that the development of the blockchain here will be successful and will be an excellent example for all countries of the world.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: a4techer on November 06, 2018, 10:30:12 PM
That was so nice that bitcoin was still growing because some of country now legalizing and embracing the world of bitcoin or cryptocurrency. Good to hear that even Zimbabwe was also now have ATM for cryptocurrency  so we hope that all country installed ATM and legalizing cryptocurrency  for us to have a freedom to transaction anywhere  and any country. Bitcoin is one of the coin very successful.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Steinway-Bobb on November 06, 2018, 10:37:53 PM
It is probably a wise decision that Zambabwe is born with, which is also a sign that the opposing states need a different view of it.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: andigentho on November 06, 2018, 10:40:01 PM
This is truly remarkable, the Zimbabwean state can legalize crypto and even establish a crypto ATM machine. This can be good news for crypto for the process to be legal and accepted throughout the world.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Nasonn on November 06, 2018, 10:43:24 PM
It's great to see the strides countries like Zimbabwe is making against all odds but I don't think crypto is the solution to their inflation problems because crypto on its own isn't stable except the ATM is not limited to the BTC, ETH and LTC but other stable coins.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: maxilopez on November 06, 2018, 11:13:03 PM
This is quite good news because it shows that Bitcoin is becoming more and more popular in the world, and in the future, we definitely expect growth.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: nathosha on November 07, 2018, 05:46:28 AM
very good news. i think every country should adapt this type of features of cryptocurrency.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: blockchainwriters on November 07, 2018, 06:32:41 AM
zimbabwe already in an economic crisis now cryptocurrency will definitely help the economy and Zimbabwe will be the example for all African countries


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: beatzcoin123 on November 07, 2018, 06:52:56 AM
this is a good news for cryptocurrency, i cannot wait to see an atm mechine in my country here in nigeria, with developments like this, i can confidently hodl on to my bitcoin, knowing fully well that the future is bright for the virtual currency.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Stargazer on November 07, 2018, 08:58:44 AM
It's a wonderful news for all crypto hunters in Zimbabwe and also good news for all cryptocurrency. It has proven how Zimbabwean people active in the cryptocurrency. For installing this ATMs machine now Zimbabwean crypto users can transaction easily. So this would be the best example for another country.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: sammyp on November 07, 2018, 09:38:44 AM
This is a very good step forward for Zimbabwe as a nation which has seen its local currency suffer from instability. even though cryptocurrencies are also volatile, I believe their use will help to normalize the situation at hand and I have a strong feeling that the people of Zimbabwe are already enjoying the use of the ATM.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: deppil on November 07, 2018, 10:19:17 AM
This is a very important decision for a developing country, because the use of cryptocurrency can significantly affect the economy of Zimbabwe in a positive way. I hope that the development of the blockchain here will be successful and will be an excellent example for all countries of the world.
Looking at their currencies that are far more volatile than bitcoin would certainly make their people feel safer to save their money in bitcoin. Zimbabwe has a very low currency rate and not even worthed. introducing bitcoin to their public could be a good shortcut for solving their currency problems


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: seramania on November 07, 2018, 10:21:17 AM
Zimbabwe is a country in Africa that dares to implement cryptocurrency, this can provide an example to several other countries that are already advanced and legal to be able to adopt crypto atm in their country. so this is a new breakthrough.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: aad140386 on November 07, 2018, 10:50:06 AM
I hope that this is only the beginning, and soon such ATMs will appear in many countries of the world. If the regulators of developed countries will  legally allow the use of cryptocurrency, it will greatly help Bitcoin to become more popular among the population of the whole world. I read that many projects had a similar idea to install ATMs, but unfortunately, the authorities of many countries are struggling with cryptocurrency and many of these projects could not be realized.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: IndigoRed on November 08, 2018, 11:45:10 PM
This is an awesome development and clearly shows that the bitcoin revolution is not border constrained. This will open up new opportunities in Zimbabwe where this revolution has begun. Good news here.

I like what you said about bitcoin not being border constrained. That’s one of the best features of bitcoin and hopefully, Zimbabwe can start a domino effect and other countries will do the same as well.



Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: plr on November 08, 2018, 11:56:07 PM
I don't know much about Zimbabwe but is this in the third world country if it is it's a milestone for them to have one, if they can do it, first world country should not have a hard time installing in their own country, they just explain to their government the advantages of having adopted Cryptocurrency.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: rina aulia on November 09, 2018, 05:02:54 AM
recently I read the news in Malaysia also will provide bitcoin ATM at some point in the city center but this news has not yet impacted the price increase in bitcoin and now the opposite


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Aponkye1 on November 09, 2018, 05:24:31 AM
Well that is very impressive. Making cryptocurrencies accessible and available at all vantage points can enhance the use of cryptocurencies in the purchase of items in Zimbabwe but i think there are other countries in Africa like Kenya who have also proposed the installation of cryptocurrencies ATM machines.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: sfr2017 on November 09, 2018, 05:27:13 AM
Nice to see African coutry like zimbabwe  accept cryptocurrency it will help it if there's a good use of cryptocurrency not war and other problems :)


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: jerrison on November 09, 2018, 05:27:58 AM
the adoption or adaptation of  the blockchain formula is spreading like a wild fire as we have over the weeks seen a tremendous growth of the users of the technology and that i believe has prompted the further step of deployment of the cryptocurrency Automated Teller Machine in Zimbabwe and that is just a take off point because i see it happening all over the african continent


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: chibimanau on November 09, 2018, 06:59:58 AM
Zimbabwe is a country where currencies are low. I think this is good news for Zimbabwe and good for crypto. Hope it can boost the economy of the Zimbabwean people. I would like to see more countries like Zimbabwe.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: kopijos on November 09, 2018, 07:12:38 AM
the adoption or adaptation of  the blockchain formula is spreading like a wild fire as we have over the weeks seen a tremendous growth of the users of the technology and that i believe has prompted the further step of deployment of the cryptocurrency Automated Teller Machine in Zimbabwe and that is just a take off point because i see it happening all over the african continent
maybe this could attract many countries in Africa and Zimbabwe adopting this could provide evidence if the presence of a Bitcoin ATM could have a positive effect on the country.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: endlasuresh on November 09, 2018, 07:21:54 AM
This is old news, but hearing today and Zimbabwe got such great ATM machine. I hope other countries would learn from Zimbabwe and install them in respective countries.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Atomic.2017 on November 09, 2018, 08:57:17 AM
That's a good move for the Zimbabwe's economy. Their economy needs all the help that they can get to recover and relying on cryptocurrency exchanges could just do the trick. I just hope that tight security measures are in place because as we all know,this country has some history of fraud too.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: chacogi on November 09, 2018, 09:03:53 AM
Good news for crypto and Zimbabweans. Step by step, the types of crypto will grow better. Maybe this will solve the financial problem that is happening in Zimbabwe. I hope it will soon have such ATM in my country.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Joeyvicky on November 09, 2018, 11:02:03 AM
This such a good news for an African country like Zimbabwe after crucial financial crisis and i hope the interest in cryptocurrency is a nice move by such nation. This will have an impact on their economy and hope to see one in my nation.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Omparkash72 on November 09, 2018, 11:38:43 AM
I think this is the right answer to those who are against the bitcoin , they don't know the importance of fast changing technology and how this technology will help the entire world to solve their latest problem, if this is used in positive thought of mind. so bitcoin can be used as a currency in any country, this will really boost the market and bitcoin also.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: TentallyMooN on November 09, 2018, 11:41:54 AM
I am pleased to read the news and know that more and more people are moving towards cryptocurrency. What a pity that in the country in which I live, it most likely will not happen soon


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: TentallyMooN on November 09, 2018, 11:43:35 AM
I think this is the right answer to those who are against the bitcoin , they don't know the importance of fast changing technology and how this technology will help the entire world to solve their latest problem, if this is used in positive thought of mind. so bitcoin can be used as a currency in any country, this will really boost the market and bitcoin also.
I believe that those who deny the adoption of cryptocurrencies and Bitcoin simply stop developing. They do not want to learn something new and just stay in the old system. :-[


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: nicko122 on November 09, 2018, 12:07:55 PM
More and more ATMs for cryptocurrency are being placed around the world. Interestingly, many countries fully support cryptocurrency while others do the opposite.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: antisocial77 on November 09, 2018, 12:26:45 PM
we are going to hear more news like that every year.when more people invest on bitcoin, there will be more atm.when thereare more atm, more people use bitcoin.just a matter of time.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: nayan_suvo on November 09, 2018, 01:26:31 PM
I think it is only the beginning, and soon such ATM's will appear in many countries of the world. It will greatly help Bitcoin to became more popular among the population of the whole world. I know that many projects had a similar idea to install ATM's, but the authorities of many countries are struggling with cryptocurrency. Indeed we want to hear lots of such news.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: boyptc on November 09, 2018, 01:49:31 PM
More and more ATMs for cryptocurrency are being placed around the world. Interestingly, many countries fully support cryptocurrency while others do the opposite.
Yes and still there are countries that are opposing the popularity of crypto. They are stopping its massive adoption but we don't care at all, as long as countries like Zimbabwe are allowing crypto to penetrate within their jurisdiction.



Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Hasbro27 on November 09, 2018, 01:59:35 PM
the steps taken by Zimbabwean countries are good by switching to using cyrptocurrency, because their currencies are hit by inflation quite badly. I think the Zimbabwean step is feasible in the example of other countries experiencing economic problems by adopting cryptocurency to replace their country's currency


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: iamlds08 on November 09, 2018, 02:55:10 PM
it is always good to hear that third world countries are also participating in the cryptocurrency adaptation. this only means that we are exponentially expanding our community and will later on result to higher prices of btc


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: shadyrifles on November 09, 2018, 04:10:53 PM
The country's largest cryptocurrency exchange Golix has introduced ATMs loaded with US dollars for customers to buy/sell bitcoin. But, unlike other ATMs this ATM can't dispense cash, real cash, US dollar, the Bitcoin ATM will be dispensing cash sent from abroad or proceeds from the sale of cryptocurrency.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Chrystora123 on November 09, 2018, 05:28:40 PM
this is just the beginning, I'm sure in the next few years it will spread throughout the continent. Cryptocurrency will make Zimbabwe's economy increase, hunger and civil war caused by poverty will slowly stop... I really hope that all countries experiencing crisis due to poverty can think of developing and using cryptocurrencies as a solution.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Baby Dragon on November 09, 2018, 05:45:32 PM
This is an awesome development and clearly shows that the bitcoin revolution is not border constrained. This will open up new opportunities in Zimbabwe where this revolution has begun. Good news here.
This atm machine seems that the cryptocurrency was keep in developing because they already produce to how easily withdraw or convert cryptocurrency into fiat. I hope this kind of machine will be spread all over the world so we can really convert our cryptocurrency into fiat without any hussle and paper works.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Peacemaker1994 on November 09, 2018, 06:39:36 PM
Zimbabwe is a country that's recovering from a very corrupt government and the economy is slowly get life back. There involvement in cryptocurrency would really help them in this quest and installing a cryptocurrency ATM is in the right direction that's if the news is authentic


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: kdiag on November 09, 2018, 06:46:27 PM
great idea for business, i think bitcoin atm.s bring excellent profits to the owner and provider, if more countries follow this example, then the strong influence on the growth rate bitcoin.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: yulchatar on November 09, 2018, 07:42:23 PM
I am pleased to read the news and know that more and more people are moving towards cryptocurrency. What a pity that in the country in which I live, it most likely will not happen soon

Yes, I agree with you. Unfortunately, in my country a similar situation. Even in Zimbabwe where the economic situation is quite complicated the governance went to meet new technologies. And it’s a pity that in our countries still look at cryptocurrencies with anxiety.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Serious Miner on November 10, 2018, 09:10:44 AM
It is one of the greatest news for Zimbabwean crypto adopters due to installing ATMs machine now crypto users can transaction easily and make payment with cryptocurrency. The Zimbabwean government has been shown a great example for the world country.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: JeBro on November 12, 2018, 08:58:50 AM
Inflation and financial problems in Africa can lead to the fact that Africa will soon come out on top in terms of the development of the crypto market. As the example of Venezuela shows, the solution of many socio-economic problems may consist in the adoption of cryptocurrencies.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: vernl on November 12, 2018, 02:39:18 PM
Good to know that in Zimbabwe , Bitcoin is adopted because Zimbabwe is the country with the really high inflation but they still can spot out the potiental of Bitcoin and cryptocurrency.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Finestream on November 12, 2018, 04:18:34 PM
Good to know that in Zimbabwe , Bitcoin is adopted because Zimbabwe is the country with the really high inflation but they still can spot out the potiental of Bitcoin and cryptocurrency.
Yes.It could be a good start for bitcoin which can really uplift its own image and may even cause a good price increase in the market.Zimbabwe is just in its right tract in adopting bitcoin and for that,its economy will have high chances to take progress and prosper more.


Title: Re: Cryptocurrency ATM installed in Zimbabwe
Post by: Gyromancer on November 12, 2018, 07:44:05 PM
First, I will express my concern and sympathy for the country of Zimbabwe. I am very happy to hear this news because the crypto currency ATM that can be withdrawn in cash will give a sign of the development of the crypto currency that is clearly visible. This further strengthens the function of the crypto currency that this crypto currency proved to be truly useful. Crypto currency is proven to be able to carry out its functions as a means of payment but it's just not yet authorized by all countries in this world. Hopefully, ATM crypto currencies can spread in many countries and more people can enjoy the benefits of crypto currencies.