Share on Facebook
Tweet on Twitter
Economist suggests Bitcoin for Zimbabwe
Sage X3 provides complete financial, personal, cost and budget accounting as well as commitments and fixed assets management. Download the solution capabilities guide
P-Tron is seeking reputable dealers/resellers to distribute advanced security solutions throughout Africa
Meet your clients’ needs and expectations while maintaining a profit with Sage X3 Service Options. Download the solution capabilities guide
Bitcoin could be the solution for Zimbabwe’s currency woes suggests economist Philip Haslam, co-author of When Money Destroys Nations, a book about regular people in Zimbabwe who lived through hyperinflation.
Though his assertion is not new, it is one of the first to come from someone who has researched the consequences of money printing as an aspect of the country’s hyperinflation.
‘If Zimbabwe establishes a privatised bitcoin national currency, if the market naturally went to a Bitcoin type currency, as other currencies around the world indicate weakness with money printing happening, you’d have a whole lot of currency flowing into Zimbabwe,” Haslam says in a piece by an Institute of Security Studies
Read more ... source: TheBitcoinNews
Let's block ads! (Why?)
Powered by Bitcoin Central