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Author Topic: This man sells his cattle for Bitcoin in Zimbabwe!  (Read 3047 times)
TastyChillySauce00
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November 27, 2016, 12:15:39 AM
 #61

i think its good deal that he want to sell his cattle for bitcoin and i think we can use bitcoin with easily and if someone send bitcoin to this person if someone is same country of this cattleman then its possible.
Yeah using Bitcoin for the payment currency is such a good option especially if he'd live in Zimbabwe. Their currency fluctuation is overwhelming. I guess no one is going to lift 1 kilogramme of money for a cattle instead of using bitcoin with ease. just hand him a phone and everything will be fine

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November 27, 2016, 03:14:00 AM
 #62

Bitcoin seems to be everywhere. The problem is that not everyone is using it. I think it will take a long time and will be very slow for more mainstream adoption.

 
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November 27, 2016, 03:36:39 AM
 #63

That’s great, we must support and promote such activities because the movement of bitcoin from one point to another also brings more users in some cases so we can safely say that movement is growth. We should try to promote bitcoin wherever possible because that’s the way we can strengthen our community and bitcoin. More users, more usage and ultimately more value (not price). Thanks for coming up with this interview.
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November 27, 2016, 05:10:05 AM
 #64

this is interesting and weird at the same time.
what kind of farmer is trading livestock with bitcoin, and the weird part is not actually about wanting to do it with bitcoin, it is with where he is, Zimbabwe!!!

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November 27, 2016, 09:39:51 AM
 #65

What an outstanding move! Cheesy
Zimbabwe is a poor country. The economy is in collapse and the welfare is so piteous. People are in poor and starving. And his decision could change his life. Bitcoin is a good investment to have. It might change his life into a better one.
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November 27, 2016, 11:56:37 AM
 #66

this is interesting and weird at the same time.
what kind of farmer is trading livestock with bitcoin, and the weird part is not actually about wanting to do it with bitcoin, it is with where he is, Zimbabwe!!!

Why s this strange? Bitcoin is money and the farmer wants money for his livestock. The best reason to accept Bitcoin instead of his local

currency is that his local currency are failing and he is seeing that. Why sell a cow for $10 000 Zim Dollar today, just to see that the value of

that $10 000 Zim Dollar evaporate with every bad decision the government makes? The Bitcoin price is purely determined by supply &

demand, not what some government wants it to be.  Roll Eyes

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November 27, 2016, 03:14:40 PM
 #67

What an outstanding move! Cheesy
Zimbabwe is a poor country. The economy is in collapse and the welfare is so piteous. People are in poor and starving. And his decision could change his life. Bitcoin is a good investment to have. It might change his life into a better one.

Even prior to all these farmland seizures, a large part of the Zimbabwean population lived in poverty. It is true that the economy has completely collapsed. But the remittance payments from South Africa and Botswana is helping the middle class to stay afloat. Also, the agricultural production seems to be rising again, after a long period of decline.
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November 29, 2016, 07:32:07 AM
 #68

It's pretty amazing to see how far bitcoin has come and this move is going to help that man in finding money for his living with that corrupt government. More people in poor and corrupt countries should follow his example.
I think we should not be surprised for that as we already know that bitcoin is present in all over the world and if he is selling his cattle for buying bitcoin, maybe he has some extra cattle that we want to sell, as bitcoin can give him some good profit therefore he may have taken that decision. Heartfully I like to appreciate him, I always love people who are investing into bitcoins.
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November 29, 2016, 11:36:46 AM
 #69

It's pretty amazing to see how far bitcoin has come and this move is going to help that man in finding money for his living with that corrupt government. More people in poor and corrupt countries should follow his example.
I think we should not be surprised for that as we already know that bitcoin is present in all over the world and if he is selling his cattle for buying bitcoin, maybe he has some extra cattle that we want to sell, as bitcoin can give him some good profit therefore he may have taken that decision. Heartfully I like to appreciate him, I always love people who are investing into bitcoins.
Its not already surprising for me since i do expect already that bitcoin is already on some parts of the world which means adoption is really increasing and that man who sell off his cattle for bitcoin is somehow a  good decision on this current state of bitcoin since its not too late to invest with it. You are right maybe he have still cattle left and just tending to try up bitcoin.

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November 29, 2016, 12:44:10 PM
 #70

wow, how did the man even hear about bitcoin in the first place? This guy is very creative for doing that, but I don't see how he can use those bitcoins in Zimbabwe. How does he buy food/clothes there? Maybe he sells them for both bitcoin and his currency.

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