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      "body": "Congratulations @cryptozimbo! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@cryptozimbo/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@cryptozimbo) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=cryptozimbo)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "author": "cryptozimbo",
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      "title": "Bitcoins, Bond notes and a Mnangagwa to Oversee them all.",
      "body": "![images.jpg](https://steemitimages.com/DQmcaFJsQdDVEf3ZkqMZ96bpqmurLoRXTigJFSkU9BZqcmP/images.jpg)\n\nOn what seems to be a dawn of new times in Zimbabwe, could this just be the eye of the storm? Crypto currencies in Zimbabwe are at an absolute premium and are almost double the price of international prices – a reflection of the Zimbabwean economy and its shortcomings. \n\nWalking around the streets of Harare, the capital of Zimbabwe, there is a sense of elation as Robert Mugabe who was president for 37 years resigned. People all around seem to have a new found hope. From a crypto perspective, is it not the same oppressive government which is still in power and the leader has changed to one who used to be the hand man who implemented oppression to anyone who dared to oppose? Gukurahundi anyone? \n\nOver the last decade, Zimbabweans have witnessed a challenging economy. Starting with hyper-inflation in 2007-2008 to a dollarized economy which was the strongest currency in the region, wealth creation has been a pipe dream for many Zimbabweans. Lucky ones would have found a way to preserve the value of their wealth or savings, real estate being one area which maintained its value. Our government has quite simply failed us on the economic front. Our currency has been mismanaged and corruption in government is systemic. The new president, Emmerson Mnangagwa says he will address this issues but based on his history and precedent, I’m not crossing my fingers.\n\nMany Zimbabweans have come across bitcoin and cryptocurrencies from buying ex Japanese cars through the popular site beforward.jp. If you’re wanting to buy a car, beforward prefers to be paid in cryptocurrencies and then they will ship that car to Zimbabwe – please note, Zimbabwe last year spent more than a billion dollars on car imports. This led to a surge in cryptocurrency prices on the local exchange – golix.com. We then had a cash crisis which sent the premiums on dollars soaring and cryptocurrencies even further.\n\nWhen I bought my first bitcoin, mid last year, the international price of bitcoin was about $700 USD and the local price was around $800. Not that much of a premium for purchasing. Now however, still facing a cash crisis and queues in the banks, the price of crypto currencies is almost double in Zimbabwe. \n\nThe bond note which the government claims to have only printed 200 million of, is also being charged at a premium and going to the bank if you’re lucky gets you a stack of coins. Zimbabweans quite simply need a much better store of value if they are to survive the turbulence of mismanagement by the current government. \n\nBitcoin, which is referred to as gold 2.0, has proved itself over the last 18 months in Zimbabwe to be a much better store of value than any other institutional asset class currently. If you believe in old mutual, give it a shot and see how far they take you. 2008 should be a point of reference for you before you run off to old mutual. \n\nBy adopting cryptocurrencies many Zimbabweans are learning the benefits of decentralized systems. The RTGS settlement system is inundated and cannot handle the amount of transactions it should be able to handle and the merchant settlement system is cracking due to outdated technology. Cryptocurrencies are quite simply, a much better option. \n\nBitcoin in my humble opinion works as a store of value. In an ideal situation, it shouldn’t be used as a transactional currency due to scalability issues and transactions per second limits. It’s simply like digital gold. Gold isn’t used as a mainstream transactional currency due to the inconvenience of it but it works very well as a store of value – same as bitcoin. What I would recommend as a transactional currency for Zimbabweans is Litecoin and Dash. These currencies are cheaper to use than ecocash and zipit and, they also have the global reach of bitcoin. It costs me less than 20c USD to send $500 worth of litecoin which will arrive within minutes to any person in the world. I did a Barclays RTGS for my rent last week and that money still hasn’t arrived to my landlord. Cryptocurrencies are quite simply much better currencies than current government backed fiat. \n\nFrom a legal standpoint, Bitcoin in Zimbabwe is not legal tender. That means that you cannot force anyone to receive bitcoin as payment for goods or services. Personally I think it’s silly not to accept bitcoin and other cryptocurrencies as payment. If I run a shoe shop, which imports shoes from the UK, if everyone pays me in cryptos, I can purchase my orders in the UK with no hassles of trying to buy cash or send the money through a dated banking system to the UK. It will take me but two minutes to send the money to suppliers in the UK. It is not illegal to hold bitcoin as an individual.  \nOver the next series of articles we will be going over the impact that the blockchain will have in Zimbabwe and a particular favourite of mine EOS. There is a revolution coming in Zimbabwe, but, personally I don’t think it is the one people are expecting, it is one which will truly empower the people of Zimbabwe to be liberated and become a democratic and decentralized society. \n\nCryptoZimbo\n![shutterstock_641374885.jpg](https://steemitimages.com/DQmURz7BfKS2ZHXgTLUWp5psZgBnSmu5cTD3xyDhPztUiQq/shutterstock_641374885.jpg)",
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      "body": "![images.jpg](https://steemitimages.com/DQmcaFJsQdDVEf3ZkqMZ96bpqmurLoRXTigJFSkU9BZqcmP/images.jpg)\n\nOn what seems to be a dawn of new times in Zimbabwe, could this just be the eye of the storm? Crypto currencies in Zimbabwe are at an absolute premium and are almost double the price of international prices – a reflection of the Zimbabwean economy and its shortcomings. \n\nWalking around the streets of Harare, the capital of Zimbabwe, there is a sense of elation as Robert Mugabe who was president for 37 years resigned. People all around seem to have a new found hope. From a crypto perspective, is it not the same oppressive government which is still in power and the leader has changed to one who used to be the hand man who implemented oppression to anyone who dared to oppose? Gukurahundi anyone? \n\nOver the last decade, Zimbabweans have witnessed a challenging economy. 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This led to a surge in cryptocurrency prices on the local exchange – golix.com. We then had a cash crisis which sent the premiums on dollars soaring and cryptocurrencies even further.\n\nWhen I bought my first bitcoin, mid last year, the international price of bitcoin was about $700 USD and the local price was around $800. Not that much of a premium for purchasing. Now however, still facing a cash crisis and queues in the banks, the price of crypto currencies is almost double in Zimbabwe. \n\nThe bond note which the government claims to have only printed 200 million of, is also being charged at a premium and going to the bank if you’re lucky gets you a stack of coins. Zimbabweans quite simply need a much better store of value if they are to survive the turbulence of mismanagement by the current government. \n\nBitcoin, which is referred to as gold 2.0, has proved itself over the last 18 months in Zimbabwe to be a much better store of value than any other institutional asset class currently. If you believe in old mutual, give it a shot and see how far they take you. 2008 should be a point of reference for you before you run off to old mutual. \n\nBy adopting cryptocurrencies many Zimbabweans are learning the benefits of decentralized systems. The RTGS settlement system is inundated and cannot handle the amount of transactions it should be able to handle and the merchant settlement system is cracking due to outdated technology. Cryptocurrencies are quite simply, a much better option. \n\nBitcoin in my humble opinion works as a store of value. In an ideal situation, it shouldn’t be used as a transactional currency due to scalability issues and transactions per second limits. It’s simply like digital gold. Gold isn’t used as a mainstream transactional currency due to the inconvenience of it but it works very well as a store of value – same as bitcoin. What I would recommend as a transactional currency for Zimbabweans is Litecoin and Dash. These currencies are cheaper to use than ecocash and zipit and, they also have the global reach of bitcoin. It costs me less than 20c USD to send $500 worth of litecoin which will arrive within minutes to any person in the world. I did a Barclays RTGS for my rent last week and that money still hasn’t arrived to my landlord. Cryptocurrencies are quite simply much better currencies than current government backed fiat. \n\nFrom a legal standpoint, Bitcoin in Zimbabwe is not legal tender. That means that you cannot force anyone to receive bitcoin as payment for goods or services. 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      "body": "![images.jpg](https://steemitimages.com/DQmcaFJsQdDVEf3ZkqMZ96bpqmurLoRXTigJFSkU9BZqcmP/images.jpg)\n\nOn what seems to be a dawn of new times in Zimbabwe, could this just be the eye of the storm? Crypto currencies in Zimbabwe are at an absolute premium and are almost double the price of international prices – a reflection of the Zimbabwean economy and its shortcomings. \n\nWalking around the streets of Harare, the capital of Zimbabwe, there is a sense of elation as Robert Mugabe who was president for 37 years resigned. People all around seem to have a new found hope. From a crypto perspective, is it not the same oppressive government which is still in power and the leader has changed to one who used to be the hand man who implemented oppression to anyone who dared to oppose? Gukurahundi anyone? \n\nOver the last decade, Zimbabweans have witnessed a challenging economy. Starting with hyper-inflation in 2007-2008 to a dollarized economy which was the strongest currency in the region, wealth creation has been a pipe dream for many Zimbabweans. Lucky ones would have found a way to preserve the value of their wealth or savings, real estate being one area which maintained its value. Our government has quite simply failed us on the economic front. Our currency has been mismanaged and corruption in government is systemic. The new president, Emmerson Mnangagwa says he will address this issues but based on his history and precedent, I’m not crossing my fingers.\n\nMany Zimbabweans have come across bitcoin and cryptocurrencies from buying ex Japanese cars through the popular site beforward.jp. If you’re wanting to buy a car, beforward prefers to be paid in cryptocurrencies and then they will ship that car to Zimbabwe – please note, Zimbabwe last year spent more than a billion dollars on car imports. This led to a surge in cryptocurrency prices on the local exchange – golix.com. We then had a cash crisis which sent the premiums on dollars soaring and cryptocurrencies even further.\n\nWhen I bought my first bitcoin, mid last year, the international price of bitcoin was about $700 USD and the local price was around $800. Not that much of a premium for purchasing. Now however, still facing a cash crisis and queues in the banks, the price of crypto currencies is almost double in Zimbabwe. \n\nThe bond note which the government claims to have only printed 200 million of, is also being charged at a premium and going to the bank if you’re lucky gets you a stack of coins. Zimbabweans quite simply need a much better store of value if they are to survive the turbulence of mismanagement by the current government. \n\nBitcoin, which is referred to as gold 2.0, has proved itself over the last 18 months in Zimbabwe to be a much better store of value than any other institutional asset class currently. If you believe in old mutual, give it a shot and see how far they take you. 2008 should be a point of reference for you before you run off to old mutual. \n\nBy adopting cryptocurrencies many Zimbabweans are learning the benefits of decentralized systems. The RTGS settlement system is inundated and cannot handle the amount of transactions it should be able to handle and the merchant settlement system is cracking due to outdated technology. Cryptocurrencies are quite simply, a much better option. \n\nBitcoin in my humble opinion works as a store of value. In an ideal situation, it shouldn’t be used as a transactional currency due to scalability issues and transactions per second limits. It’s simply like digital gold. Gold isn’t used as a mainstream transactional currency due to the inconvenience of it but it works very well as a store of value – same as bitcoin. What I would recommend as a transactional currency for Zimbabweans is Litecoin and Dash. These currencies are cheaper to use than ecocash and zipit and, they also have the global reach of bitcoin. It costs me less than 20c USD to send $500 worth of litecoin which will arrive within minutes to any person in the world. I did a Barclays RTGS for my rent last week and that money still hasn’t arrived to my landlord. Cryptocurrencies are quite simply much better currencies than current government backed fiat. \n\nFrom a legal standpoint, Bitcoin in Zimbabwe is not legal tender. That means that you cannot force anyone to receive bitcoin as payment for goods or services. 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      "body": "Apart from the financial benefit - I am investing quite a nest egg for myself, I cannot wait for how EOS is going to revolutionise governance in Africa. It's going to be such a radical shift and change for the betterment of many African's lives who truly need it.",
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      "body": "Introduction \n\nWelcome all to this steemit space. Over the next couple of months this blog shall be exploring different ideas, threats and solutions to African People – specifically the youth whose task it is to take Africa to the heights of its potential. Most of the posts shall have a direct relation to Zimbabwe – a country on its knees at the moment. Most of you who are reading this post will know that opportunity is born in crisis and so we shall be looking to different solutions for Zimbabwe and the crises that it faces. We shall also look to posting our posts in Shona and hopefully expand into Ndebele and other languages across the length and breadth of Africa – be patient with this one, there are a more than 600 languages on this continent. \n\nFor security reasons and the nature of the topics we shall discuss, we shall keep our identities private. We shall be not only tackling the grip of Zanu PF and other oppressive Parties in Africa, but we shall also be directly challenging the pre colonialist countries that make it their purpose to rape and pillage Africa. Western media and propaganda has us all believing that Africa cannot survive with the west or the east – a new dawn is on the horizon. \n\nUsing free market systems, we will be suggesting and pushing free market ideas and solutions to bring about change in Africa and start an evolution to becoming one of the most influential and egalitarian societies on the globe.     \n\nSubscribe, Comment, Critique and lets all come up with solutions for the mother land. \n\n\n![africa.jpg](https://steemitimages.com/DQmfHcs5rysRmEAZsLZecM1aCCNyxqXWC16cc8GynbdRLfN/africa.jpg)",
      "json_metadata": "{\"tags\":[\"africa\",\"zimbabwe\",\"evolution\",\"zanupf\",\"change\"],\"image\":[\"https://steemitimages.com/DQmfHcs5rysRmEAZsLZecM1aCCNyxqXWC16cc8GynbdRLfN/africa.jpg\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}"
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