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Author Topic: 175 Quadrillion Zimbabwean Dollars Now Equals 0.02164502 BTC  (Read 7376 times)
Kprawn
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June 13, 2015, 08:06:36 AM
 #41

You seem to be a very level headed person, so I am not going to go down on your opinions with total disregard for your current situation.
It cannot be easy to live under a dictator and a failing economy, with poverty everywhere.

BUT I have to say this..

Those farmers who has build their lives on that land, was chased away like dogs. For many years they have provided food security for many Zimbabweans. {Yes, it was not their LAND and they could have come to some sort of compromise... Let say.. Give 50% land back to the people and continue farming on the other 50% on a lease agreement for say 20 or 50 years, to provide for some sort of income, to exit Zimbabwe on a later stage}

This did not happen... The War veterans went to those farms ... removed the farmers with violent methods, {killing dogs, cattle and burning down houses}

The western world initiated sanctions, because the Zimbabwean people were being tortured and killed, if they opposed the current regime. They also gave opportunity for a democratic vote, but that was rigged to further the interest of Mugabe and his friends.

Sanctions were the only non-violent option to try to resolve the matter.

Then the supposed hero's came to the rescue in the form of the Chinese {As you have mentioned} Do you really think they are there to help or are you setting yourself up to follow the same route?

They will come in, take what they want and when you get sick of them, you will chase them away...like you did with the western countries.

The world is currently being divided and we are moving towards a shit storm... Choose your side, it's not going to be a fun ride.     

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bryant.coleman
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June 13, 2015, 09:13:24 AM
 #42

They also gave opportunity for a democratic vote, but that was rigged to further the interest of Mugabe and his friends.

I have to disagree with your observations here. According to most of the neutral international observers, the presidential / parliamentary elections in Zimbabwe were free and fair. It is clear that Robert Mugabe enjoys around 60-70% of the support. The Western nations imposed sanctions, as the election results were against their interests.
bobc1994
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June 13, 2015, 01:29:29 PM
 #43

I'm tempted to exchange a few dollars just so I can say I have tens of quadrillions of something Cheesy

Marbit
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June 13, 2015, 01:50:24 PM
 #44

175 Quadrillion Zimbabwean Dollars Now Equals $5

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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.

This is not good for a country, hope they rebound back to normal, best wishes to Zimbawe on their road to recovery. Other countries should take lesson and adopt something which is not centralized as Bitcoin if they have to save themselves from situations which could happen to anyone and at anytime.
daddybios
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June 13, 2015, 02:08:55 PM
 #45

I want to imagine a couple of bills. With them, I immediately become a millionaire.
It turns out that the paper is more expensive bills.

Freedom to Ross Ulbricht!
master sato
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June 13, 2015, 04:32:44 PM
 #46

where do they go from here? Instead of just getting higher and higher numbers, they must reset to a larger denomination ?
cupscrypto
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June 13, 2015, 06:35:50 PM
 #47

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.
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June 13, 2015, 06:44:08 PM
 #48

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.
Mr. Burns
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June 13, 2015, 08:53:39 PM
 #49

$5 seems insignificant in USD.  but 0.02164503 BTC seems kinda excessive.  seeming that this stuff will go up to $10000000 per BTC in the next 10 years
RealBitcoin
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June 15, 2015, 07:31:01 AM
 #50

Wow the zimbabweans are really quadrillionaires, i almost envy them. Maybe not....

Just switch to BTC & precious metals already  Cheesy

bryant.coleman
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June 15, 2015, 08:38:12 AM
 #51

Wow the zimbabweans are really quadrillionaires, i almost envy them. Maybe not....

The 100 billion and 100 trillion Zimbabwean Dollar notes are selling like hotcakes in online auction sites such as Ebay and Craiglist. A number of Zimbabweans have made good earnings, by selling these notes to banknote collectors around the world. (I myself own a dozen of them, purchased from Ebay for $25).
RealBitcoin
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June 15, 2015, 08:45:19 AM
 #52

Wow the zimbabweans are really quadrillionaires, i almost envy them. Maybe not....

The 100 billion and 100 trillion Zimbabwean Dollar notes are selling like hotcakes in online auction sites such as Ebay and Craiglist. A number of Zimbabweans have made good earnings, by selling these notes to banknote collectors around the world. (I myself own a dozen of them, purchased from Ebay for $25).

Hahaha oh boy you made my day, i laughted alot at that one.

Seems like the USD will become a collection note too? I remember some US politician saying that they need to make a 1 trillion dollar worth coin.

I wonder if that will happen?

acquafredda
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June 15, 2015, 10:54:21 AM
 #53

I'm tempted to exchange a few dollars just so I can say I have tens of quadrillions of something Cheesy

buy some millions dogecoin then...
Cheesy
S4VV4S
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June 15, 2015, 11:14:48 AM
 #54

175 Quadrillion Zimbabwean Dollars Now Equals $5

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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.

Fabulous!
I can now be a quadrillionaire Cheesy

Now, my question is: Do they even have that much money printed?
acquafredda
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June 15, 2015, 05:26:21 PM
 #55

175 Quadrillion Zimbabwean Dollars Now Equals $5

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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.

Fabulous!
I can now be a quadrillionaire Cheesy

Now, my question is: Do they even have that much money printed?

jayce
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June 15, 2015, 05:34:31 PM
 #56

It will be harder to take our money to eat in restaurant. You need bring a pack of money and can be complicated to count it when you pay. The super inflation make the money price will be drop extremely. Poor zimbabwe people

R


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interbtc
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June 16, 2015, 09:35:16 PM
 #57

wow this is insane .

very funny ZIMBABWE CURRENCY FORTRESS
https://www.youtube.com/watch?v=E9UXictk5Lg
EternalWingsofGod
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June 16, 2015, 09:50:31 PM
Last edit: June 19, 2015, 05:20:28 AM by EternalWingsofGod
 #58

That is a stupid amount of money to buy 5 2L bottles of Wholesale Brand Soda for $1 Each
It does make me laugh a bit that a single Dogecoin is worth 1.9 Zimbawae Dollars
http://coinmill.com/XDG_ZWD.html#XDG=1

I think Zimbabwae should consider adopting crypto instead of printing that much money but I guess paying fees to send US dollars back to the United States is a lot better than that joke of a currency, on the bright side at least they can sell the scraps of paper for a dime and make a tremendous profit as souvenirs.


Jamil.Kamil
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June 16, 2015, 10:35:44 PM
 #59

Actually Zimbabwe is the most poor population country in the Africans zone.. President Mr Mugabe could not success to change them economical growth at all. There kids playing with millions of them currency bundle which completely value less. Someone told them 30% people stay out of Zimbabwe whom are majority person refugees and more then half of them population under normal protein. Anyway Zimbabwe government should announce BTC systems compulsory for every citizens. Otherwise them economical progress never possible looking as usual.   

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June 17, 2015, 01:08:08 AM
 #60

USA, EUR, and the rest of fiats... this is the end result taken to the extreme. You don't realize you are on the hyperinflation train until it's already several stops down the line and the doors don't open anymore.
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