I checked out localbitcoin.com and found one lone seller in Africa. He was pricing his 1 bitcoin at $900+. I agree, I think the people there would benefit greatly from using cryptocurrencies. They already use a system called M-Pesa to transfer money in micro-payments, it's connected to the cell phone companies and are billed using their cell phone accounts.
RE: Witnessing the Aftermath of Hyperinflation: Zimbabwe
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Witnessing the Aftermath of Hyperinflation: Zimbabwe
Huh? One person selling a Bitcoin in the whole of Africa?
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I was searching for the Zambia area and the only option that came up was one in Zimbabwe for that price.
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Ok that makes more sense :)
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