2019-11-14 18:40

Zimbabwe rolls out new currency but limits weekly withdrawals. Hyperinflation makes it difficult for Zimbabweans to trust their government. Bitcoin appears to be the perfect solution as it eliminates the need to trust an authority like the government.

In an effort to quell the effects of hyperinflation, Zimbabwe introduced the new generation Zimbabwe dollars. The […]

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Источник: ccn.com

Zimbocash Seeks To Fight Hyperinflation With TRON Token

Look up “hyperinflation” in the dictionary, and you’ll probably find a picture of Zimbabwe’s 100 trillion dollar bill. The country has become an unfortunate poster for economic mismanagement, but one project, Zimbocash, is seeking to heal Zimbabwe’s economic woes with a token on the TRON blockchain.

P2P Bitcoin And Dash Transactions Soar In Venezuela

Venezuela’s inflation rate topped 130,000% in 2018 as peer-to-peer Bitcoin and Dash transactions reached new all-time highs month after month. Bitcoin Thrives in Broken Economies For the past few years, the Venezuelan economy has been rocked by political and economic instability that has led to shortages of food and medicine, nationwide blackouts, riots and unstoppable hyperinflation that rivals that of the Zimbabwe dollar in the 1990s.

Bitcoin Is Making A Comeback In Zimbabwe

One of the textbook examples of hyperinflation is seeing a resurgence in demand for cryptocurrency. Bitcoin prices are soaring in Zimbabwe, as the government moves to limit trading in foreign currencies, Quartz reports.

Zimbocash: A Digital Currency For Zimbabwe

Hyperinflation has become synonymous with Zimbabwe, and the African nation’s monetary system has been on a roller coaster for the past decade. Its national currency, the Zimbabwean dollar, lost so much value in 2015 that it was practically useless.

Navigating Cryptocurrency Exchanges: Experts Weigh In

Although one of the primary goals of Bitcoin is to create a currency that is borderless and decentralized, a recurring concern is the way (other than mining) that we are able to actually acquire it and other cryptocurrencies.

Starting From Scratch: Crypto Is Changing The Game In Africa

Imagine what you would do if every penny you owned became worthless. That’s the subject of “Starting from Scratch,” a documentary short currently making the rounds on YouTube and Twitter. The seventeen-minute film follows the introduction of Kuvacash, a new crypto payments platform, to Zimbabwe, a country still reeling from hyperinflation and revolution.

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Zimbabwe Central Bank Prepares To Roll Out Gold-Backed Digital Token

The Reserve Bank of Zimbabwe (RBZ) has expressed its desire to establish a new form of digital money known as the Gold-Backed Digital Token (GBDT). This digital currency will be underpinned by gold bullion reserves held by the central bank.

Zimbabwe Sells Millions of Gold-backed Crypto Tokens, Shrugs off IMF Advice

Zimbabwe ignored the International Monetary Fund’s (IMF) caution and engaged in the sale of its gold-backed crypto tokens. As a result, the Reserve Bank of Zimbabwe recorded huge success selling its gold-backed digital assets worth 14 billion in its native currency or 39 million in United States dollars.

Reserve Bank of Zimbabwe Defies IMF’s Warning, Sells $39M Worth of Gold-backed Digital Tokens

Coinspeaker Reserve Bank of Zimbabwe Defies IMF’s Warning, Sells $39M Worth of Gold-backed Digital Tokens Zimbabwe seeks to use gold-backed crypto tokens to salvage the country’s economic situation.

Zimbabwe Looks Towards A Future With Bitcoin As It Seeks Guidance For BTC Payments

A lot of countries have been looking to follow in El Salvador’s footsteps since the country officially implemented bitcoin as a legal tender. Most of these countries have however been from the same region as El Salvador in Latin America.

Zimbabwe Mulls Making Crypto Legal Tender

The government of Zimbabwe is nursing serious plans to make bitcoin (BTC) a legal tender. Per a report on November 7, 2021, by local news publication, Bulawayo 24 News, Zimbabwean authorities are now in talks with various stakeholders to find out the potential benefits of cryptocurrencies to the nation’s economy. Zimbabwe Eyes Bitcoin Adoption AsRead More

Government Of Zimbabwe May Be One Step Closer To Embracing Crypto

Zimbabwe may finally be relaxing its hardball stance on cryptocurrencies. Its increasingly crypto-friendly finance minister Mthuli Ncube, recently said that at this point, it would be impossible for the nation to keep ignoring cryptocurrencies.

How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles

Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament.

Zimbabwe’s Battle with Hyperinflation Highlights Desperate Need for Bitcoin

2019-11-14 18:40

Bitcoin (BTC) на Currencies.ru

zimbabwe hyperinflation → Результатов: 6

Zimbocash Seeks To Fight Hyperinflation With TRON Token

2019-9-6 19:59

P2P Bitcoin And Dash Transactions Soar In Venezuela

2019-8-20 14:00

Bitcoin Is Making A Comeback In Zimbabwe

2019-7-11 00:48

Zimbocash: A Digital Currency For Zimbabwe

2019-4-5 00:17

Navigating Cryptocurrency Exchanges: Experts Weigh In

2018-9-1 21:31

Starting From Scratch: Crypto Is Changing The Game In Africa

2018-7-2 14:19

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