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Bitcoin & Co. - Part 2 Zimbabwe: Living in a Multi-Currency World – Bitcoin in Africa: The Ubuntu Way

Published on March 26th, 2020 by BTCMedia

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This is the 2nd episode of a six-part series about Bitcoin in Africa. In February 2020, right before the start of quarantine and travel restrictions due to the coronavirus pandemic, I travelled Zimbabwe and Botswana to get a picture from the ground about the usage of bitcoin in these countries. Zimbabwe and Venezuela are very ofted named as countries where bitcoin could be making a difference, in supporting people’s economic situation. I wanted to see by myself, if this is true and in how far bitcoin is known and used there.

In the first episode you learned about the current living situation of Zimbabweans and the countrys political history, which paints a picture about why things are how they are as well as the state of human rights and free speech. In this episode you will get to know the multi-currency world, the different forms and usages of money as well as the price fluctuations that Zimbabweans are dealing with day by day. We also take a look at the current regulations of cryptocurrencies, the usage of mobile payments and internet connections and the prospects of Bitcoin.

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