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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise on: January 02, 2019, 03:29:02 PM
So compiling from source gives wallet with main-net active?
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise on: December 20, 2018, 12:14:00 PM
Looks like this may get interesting.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]❁ KORECoin- Tor Service Nodes, Browser, VoIP, Aether OS, KOREPhone, KOREbay on: October 29, 2017, 01:45:42 PM
Cost is 500 , was rummaging through their code. Release the "Kore"ken already !!!

4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]❁ KORECoin- Tor Service Nodes, Browser, VoIP, Aether OS, KOREPhone, KOREbay on: October 28, 2017, 07:22:10 PM
Market open, new wallet incoming , so what was all this fuss about ? How to collect my old korecoins ?
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMS] Moonstone DAC (DPOS, DEX, Market-Pegged Assets, Main Net Live) on: December 11, 2016, 06:26:32 PM
So what is the future looking like on this one ?
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMS] Moonstone DAC (DPOS, DEX, Market-Pegged Assets, Main Net Live) on: December 11, 2016, 04:14:26 PM
Bitshares clone, must be the first !!
7  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 30, 2015, 01:16:28 AM
I've always found it amusing and fascinating how the Zimbabwean currency lost so much of its value.

You know that sad laugh of surrender.... it became so natural here you would think that is how all of us laugh.
8  Economy / Auctions / Re: AUCTION :- ZIMBABWEAN NOTES (not run of the mill) on: June 30, 2015, 01:14:32 AM
When buying Zim notes, please do not be fooled into thinking there will be a profit window any time in this or the next century. They were printed en mass , and are not worth much except as a collector's item and/or a reminder of the fallacy of today's banking system.
9  Economy / Auctions / AUCTION :- ZIMBABWEAN NOTES (not run of the mill) on: June 20, 2015, 02:54:14 AM
The auction is simple, bidding starts @ 2 BTC (includes shipping). Every few days i will add more notes , some which are almost extinct now. Auction runs for 14 days, by then i would have added one of each and every one i have and also the two extremely rare ones i posses. The higher denomination notes will be added last. At the end of the auction, winner will get additional notes (in some cases i have as many as a hundred) and i will also post "buy it now" collections of the remaining notes. The winner of the main auction gets a collection of +25 different notes spanning from the early 2000s to the last ones printed in 2009








10  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 13, 2015, 06:44:08 PM
Please don't confuse me for a sympathizer, i have many a bone to pick with the government and there are things i will never forget nor forgive. There was an avoidable series of events that should never have been allowed to happen, and i see some fat bastards blowing ill begotten wealth. I, like many like minded Zimbabweans across the racial divide would like to see more engagement with the international community and a return to normalized relations, we'd also like to throw a couple of people behind bars.

But the first step is removing the veil of biased media reporting, both here and abroad. We are people and want to engage people, not through tailored speeches , slanted reporting or political posturing , but through honest conversation, an exchange of ideas and sharing perspectives.
11  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 13, 2015, 06:35:50 PM
where do they go from here? Instead of just getting higher and higher numbers, they must reset to a larger denomination ?

highly unlikely, the people are tired and are happy with the current system of multi-currency. Attempts to change that will result in heavy resistance.
12  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 05:41:16 PM
Essentially the government of Zimbabwe scammed everyone who put wealth into their currency, they stole all the value and now that they can't squeeze anymore money out of it they've ended the scam for now. I bet once a significant amount of USD builds up in their economy they will mandate all citizens and businesses working in their country trade it in for new Zimbabwe currency.

Yes, that is a way of looking at it. Though they likely won't be trying that anytime soon, and even when they do there would be low confidence and people would go back to home banking and the resistance against the move would be massive. Just check out last week's headline, they tried to forcibly remove vendors and were forced to back down after growing unrest threatened to blow out into full riots.

People have gotten used to the current status quo and are still very raw from what happened, hell even 10 years may not be enough for people to forget, come to think of it, the hardest hit by the past debacle will be the ones holding positions of considerable power in the country and will likely resist such a move unless we have successfully rebooted the economy and we have systems that will ensure it does not repeat itself.
13  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 04:51:21 PM
crazy Toilet papers must be more expensive. I bet the lower denominations aren't even worth the ink used to print them.

It's a conciliatory move, more about the face of the action than economic relevance. It allows us to completely transition the last vestiges of ZWD to using foreign currency.

Hyperinflation is a bitch. Serves the greedy bastards right.

To whom do you refer as greed bastards?
14  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 04:45:15 PM
Yes R.G was democratically elected, and commands maybe 65% approval.

This is really confusing. A 91-year old dictator enjoying close to 65% approval, despite wrecking the economy? It will be interesting to know the reasons why he still enjoys so much support from his citizens. Did he gave free land to the people (from the farmland which he confiscated from the white commercial farmers) ?

Well, glad you asked,  i'll try to be short and keep my opinions out of it.

Initially, when we got independence , the brits agreed to help us buy the land from the white minority. There was a change in government there and they abandoned the effort. On the local front , war veterans (who still commanded a lot of respect and military power) were becoming more insistent on getting resources , land and government benefits. As if that is already not a powder keg we participated in the DRC war at great expense.

The war vets started taking land violently before R.G could resolve the issues and so to avoid local unrest and maintain power, a hurried land reform programme was carried out. What R G and his party (ZANU PF) managed to do, is deliver on the promises that most african liberation struggles failed, he got the people land. Our entire war was based on this premise...land for the people. So this gave him not only local legitimacy, but regional as well.

Remember him speaking out against the invasions of Afghanistan and Iraq? We were watching our leader speak in defense of smaller nations against the aggression of larger more powerful ones, he inspired the currently and next generation of African leaders (hence they elected him to be AU Chairman). He also spoke out about foreign countries forming opinions without real information and influencing others to follow their lead regardless of the truth. Western leaders and western values are different, and trying to impose those on us resulted in the general population becoming distrustful of them. R.G on the other hand is more worried about impressing his people, than the rest of the world.

As the economy slipped deeper into the abyss , and the pressure of western sanctions increased, we all witnessed the effects. He did not wreck the economy. Yes he could have handled things differently, and maybe we could have a different situation, but we do not blame him for the economy, we blame the west's sanctions. Even now, we feel their grip every time we try to work with the international community.

If the west had used and pursued diplomatic solutions only without the threats of military intervention and/or the sanctions, i doubt R G would still be in power. I guess what they did not anticipate was that rather than forcing regime change, their actions and attitude towards us made us support our leaders more....much like they did in Cuba, Iran and now Russia.

And please don't refer to it as free land, it's OUR land. And many of the white farmers who applied for land actually got some, i myself (once i get a job) want to apply for some. Many of my white friends' parents have farms and enjoy a peaceful life.
15  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 03:22:54 PM
They should just use gold and silver... you can flash very small amounts onto bills........  
Why you would use the USD ... morons.  Well I guess it makes sense as their leaders are morons.

Zimbabwe doesn't produce any gold or silver, although they have a few diamond mines. And since they don't have the sort of funds to import bullion, using gold and silver as a currency is not practical. And regarding the leadership, Robert Mugabe was democratically elected, and he still commands a good deal of support among the general population.

Actually we do produce gold and silver, a lot of it. But it falls into the wrong hands and frankly, we don't have the proper systems and structures to monitor and control our resources. As a nation, we could learn a lot from western countries in the areas of management and resource control, but the bad politics on either end are hindering progress and cooperation.

Yes R.G was democratically elected, and commands maybe 65% approval.
16  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 12:58:53 PM
They should just use gold and silver... you can flash very small amounts onto bills........ 

Why you would use the USD ... morons.  Well I guess it makes sense as their leaders are morons.


The USD is easily traded , no need to haggle over actual value.

Most ppl there don't have facility to access bitcoin wallet and know nothing about bitcoin! Adopting reliable foreign currency seems a good option! Although the gov loses the control of the currency to balance their money marke, but it is better they have no chance to abuse their rights of printing mounting of cash for their own interests!

+1
17  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 12:51:08 PM
Zimbabwe might not be able to limit inflation, by adopting fiat currencies such as the United States Dollar and the South African Rand. These currencies are also not protected from inflation. If the Zimbabwean government really want to curb the price inflation in that country, it should legalize some currency which is immune to inflation, such as the Bitcoin.

The US dollar has been the world's primary reserve currency for most of the past century. It also has a perception of being a safe-haven currency and constitutes the majority of foreign exchange reserves. Compared to many other currencies in the past, the inflation of the US dollar has typically kept to low levels and thus it's seen as being a safe and reliable store of value. Bitcoin still has a reputation for being extremely volatile while the US dollar is usually seen as being the complete opposite. Bitcoin might be deflationary in the long run but it's probably far too early for this to have any meaningful effect.

Anyway, I doubt their government will adopt Bitcoin as their main currency. Governments like to have control over their countries' currencies and adjust/manipulate their supplies to suit their needs. If Bitcoin ever becomes the main currency in any country, then it will probably be the result of an organic movement from the bottom-up rather than from the top-down.

Zimbabwe might not be able to limit inflation, by adopting fiat currencies such as the United States Dollar and the South African Rand. These currencies are also not protected from inflation. If the Zimbabwean government really want to curb the price inflation in that country, it should legalize some currency which is immune to inflation, such as the Bitcoin.

by just reading the first few lines of your post i knew you would bring up bitcoin. you do realize that most of the people there don't have access to internet right? let alone a smartphone.

There aren't many Zimbabweans with personal PCs, but most do have mobile phones (75%). Internet penetration currently stands at roughly 20% while only 10% have personal PCs. Smartphones are still not as prevalent as many neighboring countries but their share is certainly increasing.

Zimbabwe should first get rid of their biggest problem >> Robert Mugabe <<

He's 91. I'm amazed to see how he's still so active despite being so old. I doubt he has many more years left though.

Your numbers are off and misleading, 85% have an econet line which means 85% have access to the internet. of those 85%, maybe 50% now possess a phone that can be considered "smart". Personal PC ownership is indeed low, but most have access to local internet cafes. There is a local variant of M-pesa offered by the largest network provider, it's called Eco-cash  and it enjoys widespread use, just having a mobile subscription with them and a registration is enough to send and receive money. As a BTC user and a Zimbabwean, Eco-cash is simpler to use that BTc and far more convenient.

Yeah, the old man is tiring, but the situation demands he make some last ditch efforts to at least leave us on the right track. He knows the mistakes he made and from a local perspective we can see he is  trying to fix what he can. Unfortunately there is a power struggle inside that makes things harder, then there is the West vs China issue. The west crippled our economy, China gave a helping (not by much) hand, and that has resulted in our people having a better sentiment towards the Chinese.

Nothing in politics is ever as it seems, i don't know that whole picture, noone except the guys at the top does.
18  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 12:40:56 PM
Zimbabwe should first get rid of their biggest problem >> Robert Mugabe <<
When that is done, they should replace the whole government that was placed their by him.
Then they can start to rebuild their country and their currency. I have visited them on two occasions and they have huge potential for tourism and economic growth. As long as Mugabe and his friends are ruling there, things will be bad for that country. Bitcoin will make very little difference, the people already use M-pesa.


I resent this notion...ask yourself, if he is such a bad leader, how did he 1) get re-elected 2) get elected to the SADC chairmanship and 3) Get the African Union chairmanship?

I agree some people in government must go, but do not attempt to place all blame on him. We have a very delicate problem with regards to our interaction with the western world and an even worse internal issue about succession, his sudden removal would leave a vacuum, which unfortunately the runner ups aren't at all ideal. You see hi as a dictator, we see him as a father, we beyond his year still trying his best for his children and teaching us to his last breath.

Trust me , i know his flaws all too well, we all know them , but we trust hi and we trust his judgement. there have been issues of political violence, i'm sure you all know about that part, but i really hate that noone ever talks about how a lot of the perpetrators were hunted down and brought to justice. We are not perfect, but maybe you should try getting both narratives and extracting some truth. 
19  Bitcoin / Bitcoin Discussion / Re: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC on: June 12, 2015, 12:34:21 PM
175 Quadrillion Zimbabwean Dollars Now Equals $5

Quote
HARARE, Zimbabwe — Zimbabweans will start exchanging quadrillions of local dollars for a few U.S. dollars next week, as President Robert Mugabe's government discards its virtually worthless national currency.
Adopting the USD is also a bad idea for Zimbabwe though.  They will need to borrow in a currency that they don't control and isn't effected by their own economy.
They should have gold backed, or partially gold backed a new currency, or gone all in and adopted a cryptocurrency. 

I don't think bitcoin would be right for them, for the same reasons as the USD is a bad idea, but an internal Zimcoin could have worked, or been tried at least.

I am a Zimbabwean and i use Bitcoin, NO bitcoin would not be right for us. Crypto currency is just not suitable for our economy in it's current state.

Quick pointer, we don't just use the USD.

YEN, YUAN, CND, USD, GBP, ZAR, EUR, PULA are all accepted in financial transactions. USD is just more popular among individuals and small businesses.

Let we explain,

We have a major problem of corruption and misappropriation of funds, under our local currency regime, the government could print money willy-nilly and "pay" for everything, but now with the use of foreign currency with which accountability is much higher (no printing to cover the mess you made), we have managed to stabilize our economy which lies on the brink of death. Thus far i can say that our economy has been running in "stand-by mode" since early 2009. "

We have a geo-political problem that emanated from the Land Reform program, the US and allies slammed our economy with sanctions (don't believe the shit about "targeted sanctions") which crippled our economy because as a developing country we were highly dependent on aid from our developed friends. I won't go into the politics of the it, but the sanctions are real and affect us all, even i had a transaction to my bank cancelled yesterday (i'm 21 years old never worked for government nor do any of my close relatives ). A Lithuanian bank went as far as telling me that they did not trust my visa transactions because Zimbabwe is too "remote" to be trusted. if you find it hard to part with the western narrative ..... just think Iran, think Russia, look what the sanctions imposed on them, oil producing countries have done, then consider  that we are mostly an agrarian society.  

We have internal political problems as well and all of these put together result in our being unable to sustain a local currency, and not trusting our government to even try. We prefer the foreign currencies because even though our economy is practically hand to mouth, it is a stable (for now) hand to mouth.
20  Other / Politics & Society / Re: A different view of Zimbabwe on: May 13, 2015, 11:04:40 PM
The fast track land reform program created the possibility of a revolution in southern Africa, to squash this, the powers that be decided to destroy Zimbabwe and use it as an example. That, coupled with inept management of the economy led to some amazingly disastrous, yet simultaneously hilarious situations. We laughed while we suffered, i remember one year in high school, i went to school with $5000, and was considered a wealthy student, only that lasted a little over three weeks. In the fourth week (boarding school), i had to call home and request $250K, hoping it would last the semester.

Anyway, It's good to know that somewhere in the world there are people who don't just accept things as they are given to them by the media. Zimbabwe looks forward to joining the rest of the world once again.

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