Bitcoin Forum

Economy => Economics => Topic started by: P_Shep on December 22, 2013, 06:01:14 PM



Title: Bitcoins for Zimbabwe!
Post by: P_Shep on December 22, 2013, 06:01:14 PM
After the hyper-inflation of the Zimbabwe dollar, people started using the US dollar:

http://www.bbc.co.uk/news/business-25462660

But perhaps there's something else they could use? ;)


Title: Re: Bitcoins for Zimbabwe!
Post by: P_Shep on December 22, 2013, 06:03:54 PM
It's interesting to note that the reporter mentions there's an estimated $4B USD in circulation there.


Title: Re: Bitcoins for Zimbabwe!
Post by: knightcoin on December 22, 2013, 09:12:24 PM
Yep .. if you want to be a FIAT trillionaire you can buy one of those on ebay ;) I had one already

http://justforsneaks.files.wordpress.com/2011/01/zimbabwe-100-trillion-dollar-bill-obverse.jpg

 ;D


Title: Re: Bitcoins for Zimbabwe!
Post by: deed02392 on December 22, 2013, 11:01:04 PM
The irony is that whilst BTC could prove to be a great currency for developing nations, many of these countries have unsuitable internet access.


Title: Re: Bitcoins for Zimbabwe!
Post by: hilariousandco on December 23, 2013, 07:54:02 PM
Yep .. if you want to be a FIAT trillionaire you can buy one of those on ebay ;) I had one already

http://justforsneaks.files.wordpress.com/2011/01/zimbabwe-100-trillion-dollar-bill-obverse.jpg

 ;D

Haha, I might buy one or two just for the novelty.


Title: Re: Bitcoins for Zimbabwe!
Post by: other_side on December 23, 2013, 08:00:57 PM
The irony is that whilst BTC could prove to be a great currency for developing nations, many of these countries have unsuitable internet access.
Mobile payments are substitute for internet transactions.