Is Zimbabwe in Africa? Pardon my dumbness is geography... but anyway, the last time I checked it, Bitcoin in Zimbabwe was double the price of Bitcoin in US. I will not doubt if the entire Africa will move to bitcoin very soon and leave the FIAT behind.
Did you also the check where that price was listed and what volume?
It was a shady exchange with a volume of close to 2
BTC a day. That is going to take some time...
Check localbitcoins for the price, there is nothing special about price in Zimbabwe , just some that really try to scam people buying at 3 times the price. That doesn't mean you can't buy at close to market levels price.
Africa is known to be a relatively mature market of crypto and bitcoin.
How and please give some data on this!!!
Mature? Common, let's be serious.
I believe Bitcoin was intended to spread the wealth. Decentralization is the keyword here. To read about Bitcoin being adopted in poor economies is heartwarming. To allow countries that have been exploited and or deserted by centralized authorities to have an equal footing in the global economy really makes me optimistic that Bitcoin and its community is really doing some good in this world.
No it wasn't. Sorry to burst your socialist dream but bitcoin will do exactly the opposite.
Those that have money now will get richer, the ones that can't afford to buy will stay poor.
Bitcoin is pure capitalism and free market, not state controlled socialism