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Zimbabwe’s monetary crisis has obliterated the wealth of many Zimbabweans as well as businesses.
Zimbabwe has begun printing bond notes, allegedly pegged to the US dollar, to curb inflation, as other countries turn to Bitcoin.
22-25 November, the first ever Blockchain Summer School will be opened in Harare, Zimbabwe. The target audience are local businesses that have been hit hardest by the current financial crisis.
How legal and useful is Bitcoin in Zimbabwe, the country which has been faced with a difficult economic situation for decades?
Zimbabwean women farmers will be given Bitcoins which they can redeem for goods at selected suppliers.
Reserve Bank of Zimbabwe (RBZ) warns the country’s citizens against various risks involved in using Bitcoin.
A recent survey by The Zimbabwe Standard showed that a number of banks in the central business district of the country’s capital, Harare, had long queues to withdraw cash with others running out of cash by midday.
Whether Bitcoin would be a better option for the southern African state of Zimbabwe to adopt as an alternative method of payment or not has triggered an online discussion this past week.
Cryptocurrency startup, BitFinance, has become a subject of interest to one of the world's most respected institutions of research, Stanford University.
Bitcoin has made a lot of progress over the last six-plus years. It has gone from a Western-based invention used by a few computer guys like Satoshi Nakamoto, the late Hal Finney, and Mike Hearn
Zimbabwean lawyer Simba Machiridza has written a white paper on the state of the preparedness of the country as a base for Bitcoin companies. He concludes that Zimbabwe is an ideal destination.
While the hyperinflationary episode technically peaked in Zimbabwe in 2008, its national fiat currency has finally reached its painful end.
The fourth Savannah Fund accelerator class is underway. BitFinance, a bitcoin exchange in Zimbabwe, is one of four startups selected from a list of over 150 applications from across Africa.
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