Pages:
Author

Topic: [ANN] ZIMBOCASH - The first on-the-ground cryptocurrency network for a nation (Read 275 times)

sr. member
Activity: 1456
Merit: 261
zimbocash does not conduct sales tokens but from all news in an article published are quite convincing for investors, just that it's necessary to develop and also build a core team, patnership with other project so that the future of the project is clearer .
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
So we also have Digital Yuan. Was that already used in China? They have Alipay and Wechat already, is this one a crypto?
No news about if it's a crypto or not but they want a decentralized, traceable digital currency, maybe crypto but if not, then it's still a good stunt to popularize crypto to institutions.

Check Forbes Content About the Digital Yuan HERE
I see. Thank you for your generous response.

This ain't launched yet but gained a lot of noise because it is from a big country like China, whereas Zimbocash is here and serving Zimbabwe citizens so maybe that is an advantage, though they are not in the same path I think

I think it will still work the same once this experiment works Zash will still be able to use just like Digital Yuan but the country however isn't stable like China. This country is in the middle of the continent, squeezed tight without shoreline which is why it's dependent on neighboring countries in terms of moving products unlike China that owns the South China Sea.

All these will still be considered an experiment though. They would have to work hard to make it work.


when exactly is the launching of ZimboCash in Zimbabwe? are they partnering with merchants or companies that will integrate Zimbocash as payment? because if they are aiming to cater the people from Zimbabwe, they need to collaborate with local shops or merchants. also, they can tie up with crypto exchanges used by the locals like coinmama.
yes I agree with you, support from local residents is very important, if they have mastered their local, and it has become their initial capital to launch it in public

I have no idea about the team partnering up with local merchants but it would make sense if they do so that the coin will have its use for the public otherwise its just going to make it less valuable and useless to the people. But its hard to quickly do this.

They may start first with online remittance or probably even a gambling dapps accepting the coin to kick start.
sr. member
Activity: 924
Merit: 256
So we also have Digital Yuan. Was that already used in China? They have Alipay and Wechat already, is this one a crypto?
No news about if it's a crypto or not but they want a decentralized, traceable digital currency, maybe crypto but if not, then it's still a good stunt to popularize crypto to institutions.

Check Forbes Content About the Digital Yuan HERE
I see. Thank you for your generous response.

This ain't launched yet but gained a lot of noise because it is from a big country like China, whereas Zimbocash is here and serving Zimbabwe citizens so maybe that is an advantage, though they are not in the same path I think

I think it will still work the same once this experiment works Zash will still be able to use just like Digital Yuan but the country however isn't stable like China. This country is in the middle of the continent, squeezed tight without shoreline which is why it's dependent on neighboring countries in terms of moving products unlike China that owns the South China Sea.

All these will still be considered an experiment though. They would have to work hard to make it work.


when exactly is the launching of ZimboCash in Zimbabwe? are they partnering with merchants or companies that will integrate Zimbocash as payment? because if they are aiming to cater the people from Zimbabwe, they need to collaborate with local shops or merchants. also, they can tie up with crypto exchanges used by the locals like coinmama.
yes I agree with you, support from local residents is very important, if they have mastered their local, and it has become their initial capital to launch it in public
full member
Activity: 1848
Merit: 158
So we also have Digital Yuan. Was that already used in China? They have Alipay and Wechat already, is this one a crypto?
No news about if it's a crypto or not but they want a decentralized, traceable digital currency, maybe crypto but if not, then it's still a good stunt to popularize crypto to institutions.

Check Forbes Content About the Digital Yuan HERE
I see. Thank you for your generous response.

This ain't launched yet but gained a lot of noise because it is from a big country like China, whereas Zimbocash is here and serving Zimbabwe citizens so maybe that is an advantage, though they are not in the same path I think

I think it will still work the same once this experiment works Zash will still be able to use just like Digital Yuan but the country however isn't stable like China. This country is in the middle of the continent, squeezed tight without shoreline which is why it's dependent on neighboring countries in terms of moving products unlike China that owns the South China Sea.

All these will still be considered an experiment though. They would have to work hard to make it work.


when exactly is the launching of ZimboCash in Zimbabwe? are they partnering with merchants or companies that will integrate Zimbocash as payment? because if they are aiming to cater the people from Zimbabwe, they need to collaborate with local shops or merchants. also, they can tie up with crypto exchanges used by the locals like coinmama.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
So we also have Digital Yuan. Was that already used in China? They have Alipay and Wechat already, is this one a crypto?
No news about if it's a crypto or not but they want a decentralized, traceable digital currency, maybe crypto but if not, then it's still a good stunt to popularize crypto to institutions.

Check Forbes Content About the Digital Yuan HERE
I see. Thank you for your generous response.

This ain't launched yet but gained a lot of noise because it is from a big country like China, whereas Zimbocash is here and serving Zimbabwe citizens so maybe that is an advantage, though they are not in the same path I think

I think it will still work the same once this experiment works Zash will still be able to use just like Digital Yuan but the country however isn't stable like China. This country is in the middle of the continent, squeezed tight without shoreline which is why it's dependent on neighboring countries in terms of moving products unlike China that owns the South China Sea.

All these will still be considered an experiment though. They would have to work hard to make it work.
newbie
Activity: 21
Merit: 0

https://info.binance.com/en/news/21802

The article was posted last year so I don't know the position of Binance right now on this project. Because it seems that project has been on the works for quite a while already, they just posted the thread recently. So there maybe good progress on this platform already.
This is great for Zimbocash, I never heard of it since this year and engage fully with this ann. Binance is really fast and keen with the details they put that is why they are my favorite exchange because of their credibility. Thank you for sharing this wonderful content by the way
newbie
Activity: 11
Merit: 0
they are not in the same path I think
Exactly. Zimbocash is to empower it's citizen while Digital RMB aims to dominate the USD in terms of global usage. One is to help while the other one wants to own
newbie
Activity: 21
Merit: 0
So we also have Digital Yuan. Was that already used in China? They have Alipay and Wechat already, is this one a crypto?
No news about if it's a crypto or not but they want a decentralized, traceable digital currency, maybe crypto but if not, then it's still a good stunt to popularize crypto to institutions.

Check Forbes Content About the Digital Yuan HERE
I see. Thank you for your generous response.

This ain't launched yet but gained a lot of noise because it is from a big country like China, whereas Zimbocash is here and serving Zimbabwe citizens so maybe that is an advantage, though they are not in the same path I think
newbie
Activity: 11
Merit: 0
So we also have Digital Yuan. Was that already used in China? They have Alipay and Wechat already, is this one a crypto?
No news about if it's a crypto or not but they want a decentralized, traceable digital currency, maybe crypto but if not, then it's still a good stunt to popularize crypto to institutions.

Check Forbes Content About the Digital Yuan HERE
newbie
Activity: 17
Merit: 0
newbie
Activity: 23
Merit: 0
The link is here -

https://info.binance.com/en/news/21802

The article was posted last year so I don't know the position of Binance right now on this project. Because it seems that project has been on the works for quite a while already, they just posted the thread recently. So there maybe good progress on this platform already.
This is a good write by Binance, thank you for sharing. And this was way back April 2019 and just means Zimbocash is here for a pretty long time already and been developing since then. This is great, I really thought it was created just recently but I guess I'm wrong with that.
newbie
Activity: 21
Merit: 0
This is a great news for the country and let's admit that the country is legally accepting cryptocurrencies and might be the first one to nationally use a cryptocurrency as a medium of exchange.

I think the first one is Petro from Venezuela but I lost updates about them so I am really not sure how national crypto could but overall, with the slowly adapting world and countries like Zimbabwe, we might see the next wave of currency in the means of crypto soon.

Thanks for the heads up mate. Done reading about crypto and I think it's not on the same path with ZImbocash, it's a national digital currency run by the government and that itself is a flaw to change the entire financial system, it just worsen the old problem that money is controlled by the government

So this is like the digital yuan of China?

It's not really going to worsen if the coins are going to be used widely by their people, the only that will make it worse is if the government will corrupt the system once again.  Like creating more coins lie printing more. You can its more like an experiment to them so we'll see if they get to make it work for them. The market will tell whether this is working or not.
So we also have Digital Yuan. Was that already used in China? They have Alipay and Wechat already, is this one a crypto?
jr. member
Activity: 230
Merit: 4
The link is here -

https://info.binance.com/en/news/21802

The article was posted last year so I don't know the position of Binance right now on this project. Because it seems that project has been on the works for quite a while already, they just posted the thread recently. So there maybe good progress on this platform already.
Oh well oh well. This is a great publicity for Zimbocash, they must add this on the ANN Thread. Thanks for sharing this mate, gladly appreciate this one
newbie
Activity: 11
Merit: 0
This is a great news for the country and let's admit that the country is legally accepting cryptocurrencies and might be the first one to nationally use a cryptocurrency as a medium of exchange.

I think the first one is Petro from Venezuela but I lost updates about them so I am really not sure how national crypto could but overall, with the slowly adapting world and countries like Zimbabwe, we might see the next wave of currency in the means of crypto soon.

Thanks for the heads up mate. Done reading about crypto and I think it's not on the same path with ZImbocash, it's a national digital currency run by the government and that itself is a flaw to change the entire financial system, it just worsen the old problem that money is controlled by the government

So this is like the digital yuan of China?

It's not really going to worsen if the coins are going to be used widely by their people, the only that will make it worse is if the government will corrupt the system once again.  Like creating more coins lie printing more. You can its more like an experiment to them so we'll see if they get to make it work for them. The market will tell whether this is working or not.
I am not really sure about that. I think Digital Yuan is just a digital fiat, not crypto to be specific that uses blockchain technology that provides freedom. And I agree that crypto must not be created by the government in disguise to crypto coz they are just simply manipulating it not the other way around
newbie
Activity: 17
Merit: 0
No longer is Zimbabwe money subject to devaluation because of money printing. Zimbabweans have the freedom to transfer ZIMBOCASH to others locally and internationally.
Glad to have Zimbabwe on board. I just hope all the best for you guys and wishing that this could go well on your citizen's side to benefit and learn about cryptocurrencies as a whole. With this mass adaption going on, we are all in this together so might as well support one another for the rise of each other.

PS. I really don't like Justin Sun
newbie
Activity: 24
Merit: 0
~snip~
I agree with you and that is also the information we are looking on to check the legitimacy of a crypto project. I am also looking forward to be informed by this and hope the team hears us
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
Sounds like ZCash huh! Binance.com has article, so seems that they believe on this project.

Can you link us to the content? I'm having trouble to find it but if it's true then good for the exposure of the coin.

While the country is very rich in archaeology, its economy has been messed up for years. The country should be fixed from the inside and out and hope this one would help.

I agree and cryptocurrency is made that way, to help people in the most efficient way possible by the means of innovating digital cash. Scarce supply, Secured, Decentralized, Autonomous and Great transaction speed. Also with this, outsiders can also contribute to the wealth creation of Zimbabwe in the means of exchanges

The link is here -

https://info.binance.com/en/news/21802

The article was posted last year so I don't know the position of Binance right now on this project. Because it seems that project has been on the works for quite a while already, they just posted the thread recently. So there maybe good progress on this platform already.
hero member
Activity: 2744
Merit: 588
This is a great news for the country and let's admit that the country is legally accepting cryptocurrencies and might be the first one to nationally use a cryptocurrency as a medium of exchange.

I think the first one is Petro from Venezuela but I lost updates about them so I am really not sure how national crypto could but overall, with the slowly adapting world and countries like Zimbabwe, we might see the next wave of currency in the means of crypto soon.

Thanks for the heads up mate. Done reading about crypto and I think it's not on the same path with ZImbocash, it's a national digital currency run by the government and that itself is a flaw to change the entire financial system, it just worsen the old problem that money is controlled by the government

So this is like the digital yuan of China?

It's not really going to worsen if the coins are going to be used widely by their people, the only that will make it worse is if the government will corrupt the system once again.  Like creating more coins lie printing more. You can its more like an experiment to them so we'll see if they get to make it work for them. The market will tell whether this is working or not.

But where are the team members of this project?
Are they residents of Zimbabwe or just another team that wanted to explore their opportunities in Zimbabwe?
It is better to have members from that country itself because they know the true sentiments of people.
They can address the issues very well and have good communication with the residents themselves.
Looking forward about the disclosure of their team members.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
This is a great news for the country and let's admit that the country is legally accepting cryptocurrencies and might be the first one to nationally use a cryptocurrency as a medium of exchange.

I think the first one is Petro from Venezuela but I lost updates about them so I am really not sure how national crypto could but overall, with the slowly adapting world and countries like Zimbabwe, we might see the next wave of currency in the means of crypto soon.

Thanks for the heads up mate. Done reading about crypto and I think it's not on the same path with ZImbocash, it's a national digital currency run by the government and that itself is a flaw to change the entire financial system, it just worsen the old problem that money is controlled by the government

So this is like the digital yuan of China?

It's not really going to worsen if the coins are going to be used widely by their people, the only that will make it worse is if the government will corrupt the system once again.  Like creating more coins lie printing more. You can its more like an experiment to them so we'll see if they get to make it work for them. The market will tell whether this is working or not.
newbie
Activity: 23
Merit: 0
Absolutely. The idea about Zimbocash is not bad also, they are aiming to give the citizens digital currency and to introduce them with this kind of technology, I really feel the moon season.

Same here brother. As of the moment we just need to calm ourselves because getting these coins is only exclusive for Zimbabweans but will be available soon in exchanges. Let's show support for this coins as it is doing on it's own country of origin.
Pages:
Jump to: