RE: Witnessing the Aftermath of Hyperinflation: Zimbabwe

You are viewing a single comment's thread from:

Witnessing the Aftermath of Hyperinflation: Zimbabwe

in life •  8 years ago 

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.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Huh? One person selling a Bitcoin in the whole of Africa?

I was searching for the Zambia area and the only option that came up was one in Zimbabwe for that price.

Ok that makes more sense :)