Cryptocurrency ATM installed in Zimbabwe

[davinmark]

Heyaaa Stakers

So i just shocked when i read the news. you guys know that Zimbabwe is a country that was not able to deal with its own currency. The inflation rates reached 79.6 billion percent in 2009, the highest in the world. The  ATM was activated in the first week of April in order to attend the growing demand for these virtual currencies. 

and the other side, Zimbabwe had to switch to US dollars due to the fact that its currency suffered from severe inflationary problems.

Bitcoin and Litecoin will be the currencies that could help Zimbabwe to face the current problems the economy has by providing a trustful means of exchange to the population. 

 

What's your thought ?

Source : https://www.iol.co.za/business-report/international/cryptocurrency-atm-installed-in-zimbabwe-14459889

[bmg]

That great to hear its going to boost there economy . I love a good story that shows the up sides of crypyocurrency

[KiXxnTRiXx]

That's pretty cool.. I heard about one here in Calgary about a pub having a somewhat similar option. One place only.