30 Apr '13, 10am

Bitcoin, a currency and payments opportunity for Zimbabweans? #Payments #Inflation #Currencies

Bitcoin, a currency and payments opportunity for Zimbabweans? #Payments #Inflation #Currencies

But this is not the only problem. Payments with conventional currency on the internet are a huge pain. And again no one knows that better than a Zimbabwean. Anyone that has tried to make (or receive) internet payments in Zimbabwe has realised soon enough that conventional currency is alien to the open nature that makes the internet the powerful system it is. They realise that on the internet PayPal answers to the US banks and the US government . They realise that Amazon does to . And so does Facebook . The ultimate realisation is that a political squabble between two governments can effectively close and break internet functionality for ordinary people that just want to transact.

Full article: http://www.techzim.co.zw/2013/04/bitcoin-a-currency-and-p...

Tweets

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