[2018-04-13] Zimbabwe’s First Bitcoin ATM Becomes Country’s Only Source of ‘Real

[ivanpoldark]

Zimbabwe’s First Bitcoin ATM Becomes Country’s Only Source of ‘Real’ Currency

Zimbabwe now has a Bitcoin ATM that is providing people with another way to buy and sell Bitcoin and Litecoin. The first of its kind in the southern African country, the 2-way ATM was deployed and activated in the first week of April 2018 and follows the nation’s growing interest in cryptocurrencies.

The ATM was shipped into the country by the largest cryptocurrency exchange in Zimbabwe, Golix. It has been placed at Golix’s customer support offices located in the business district of Zimbabwe’s capital city, Harare. Currently, users can only access it during weekdays from 8 am to 5 pm but Golix has stated that it is set to move it to another location with 24-hour access.

As far as continental strides go, Zimbabwe joins a very short list of African countries that have invested in such machines at one time or another.  While a handful of countries like South Africa and Botswana reportedly deployed ATMs some years ago, at the present moment, Coin ATM Radar lists Zimbabwe’s Bitcoin ATM as one of the only two that are active on the continent. the other one is in Djibouti.

Read more: http://bitcoinist.com/isnt-ironic-zimbabwes-first-ever-bitcoin-atm-also-countrys-source-real-currency/

[Slow death]

unbelievable, I could never imagine that Zimbabwe would be the first country to implement an ATM bitcoin, that is even unbelievable, Zimbabwe had a very severe and harmful policy to its people and it seems that under the new direction things are changing, but even with these changes I never imagined hearing that zimbabwe would have an ATM bitcoin.

Coin ATM Radar lists Zimbabwe’s Bitcoin ATM as one of the only two that are active on the continent.

Africa is a continent that is being frozen in time because of politicians and exaggerated corruption, there are very intelligent people in Africa, but the laws limit anyone who wants to help change and develop the continent, because laws in African countries are only approved to favor the interests of the politicians who are ruling the country

[kevoh]

Africa is a continent that is being frozen in time because of politicians and exaggerated corruption, there are very intelligent people in Africa, but the laws limit anyone who wants to help change and develop the continent, because laws in African countries are only approved to favor the interests of the politicians who are ruling the country

It's not just the laws! Tribalism and Nepotism are also among the factors inhibiting progress in African countries. A situation whereby whatever innovative ideas you propose are discarded because you are from a minority tribe.