Topic: This man sells his cattle for Bitcoin in Zimbabwe! (Read 3108 times)
wow, how did the man even hear about bitcoin in the first place? This guy is very creative for doing that, but I don't see how he can use those bitcoins in Zimbabwe. How does he buy food/clothes there? Maybe he sells them for both bitcoin and his currency.
It's pretty amazing to see how far bitcoin has come and this move is going to help that man in finding money for his living with that corrupt government. More people in poor and corrupt countries should follow his example.
I think we should not be surprised for that as we already know that bitcoin is present in all over the world and if he is selling his cattle for buying bitcoin, maybe he has some extra cattle that we want to sell, as bitcoin can give him some good profit therefore he may have taken that decision. Heartfully I like to appreciate him, I always love people who are investing into bitcoins.
It's pretty amazing to see how far bitcoin has come and this move is going to help that man in finding money for his living with that corrupt government. More people in poor and corrupt countries should follow his example.
I think we should not be surprised for that as we already know that bitcoin is present in all over the world and if he is selling his cattle for buying bitcoin, maybe he has some extra cattle that we want to sell, as bitcoin can give him some good profit therefore he may have taken that decision. Heartfully I like to appreciate him, I always love people who are investing into bitcoins. What an outstanding move! 
Zimbabwe is a poor country. The economy is in collapse and the welfare is so piteous. People are in poor and starving. And his decision could change his life. Bitcoin is a good investment to have. It might change his life into a better one.
Zimbabwe is a poor country. The economy is in collapse and the welfare is so piteous. People are in poor and starving. And his decision could change his life. Bitcoin is a good investment to have. It might change his life into a better one.
Even prior to all these farmland seizures, a large part of the Zimbabwean population lived in poverty. It is true that the economy has completely collapsed. But the remittance payments from South Africa and Botswana is helping the middle class to stay afloat. Also, the agricultural production seems to be rising again, after a long period of decline.
this is interesting and weird at the same time.
what kind of farmer is trading livestock with bitcoin, and the weird part is not actually about wanting to do it with bitcoin, it is with where he is, Zimbabwe!!!
what kind of farmer is trading livestock with bitcoin, and the weird part is not actually about wanting to do it with bitcoin, it is with where he is, Zimbabwe!!!
Why s this strange? Bitcoin is money and the farmer wants money for his livestock. The best reason to accept Bitcoin instead of his local
currency is that his local currency are failing and he is seeing that. Why sell a cow for $10 000 Zim Dollar today, just to see that the value of
that $10 000 Zim Dollar evaporate with every bad decision the government makes? The Bitcoin price is purely determined by supply &
demand, not what some government wants it to be.
What an outstanding move!
Zimbabwe is a poor country. The economy is in collapse and the welfare is so piteous. People are in poor and starving. And his decision could change his life. Bitcoin is a good investment to have. It might change his life into a better one.
Zimbabwe is a poor country. The economy is in collapse and the welfare is so piteous. People are in poor and starving. And his decision could change his life. Bitcoin is a good investment to have. It might change his life into a better one.
this is interesting and weird at the same time.
what kind of farmer is trading livestock with bitcoin, and the weird part is not actually about wanting to do it with bitcoin, it is with where he is, Zimbabwe!!!
what kind of farmer is trading livestock with bitcoin, and the weird part is not actually about wanting to do it with bitcoin, it is with where he is, Zimbabwe!!!
That’s great, we must support and promote such activities because the movement of bitcoin from one point to another also brings more users in some cases so we can safely say that movement is growth. We should try to promote bitcoin wherever possible because that’s the way we can strengthen our community and bitcoin. More users, more usage and ultimately more value (not price). Thanks for coming up with this interview.
Bitcoin seems to be everywhere. The problem is that not everyone is using it. I think it will take a long time and will be very slow for more mainstream adoption.
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i think its good deal that he want to sell his cattle for bitcoin and i think we can use bitcoin with easily and if someone send bitcoin to this person if someone is same country of this cattleman then its possible.
Yeah using Bitcoin for the payment currency is such a good option especially if he'd live in Zimbabwe. Their currency fluctuation is overwhelming. I guess no one is going to lift 1 kilogramme of money for a cattle instead of using bitcoin with ease. just hand him a phone and everything will be fine
i think its good deal that he want to sell his cattle for bitcoin and i think we can use bitcoin with easily and if someone send bitcoin to this person if someone is same country of this cattleman then its possible.
Considering their currency is pretty much toilet paper, their people may be very open to the idea of wealth preservation and free trade.
They don't have a national currency now. The Zimbabwean Dollar was withdrawn in April 2009. Now they are using a large number of foreign currencies instead (mostly the South African Rand and the United States Dollar, but also Botswana Pula, GBP, Indian Rupee, Euro, Japanese Yen, and the Australian Dollar). If we push hard.... then Bitcoin can become the national currency of Zimbabwe.
Perhaps we should make an effort towards marketing Bitcoin towards Zimbabwe. Considering their currency is pretty much toilet paper, their people may be very open to the idea of wealth preservation and free trade. I think is harder for first world countries to adopt Bitcoin because we are accustomed to having relatively stable currencies.
This man selling cattle can mean two things. If he is a typical farmer it means that our world is getting stabolizes, so people believe in science and abstract things, because it is really stupid to sell something real and usefit for ideal and doubtful in crisis. If he isn't then it is just him being crazy when other people are a lot more careful.
Wow such person are using bitcoin and here in my country even educated and highly experienced computer teacher also don't know about bitcoin shame on my countries citizen. When would you grow up old man.
LOl old man never grow up but I'm sure they can learn.
This is really interesting article and it's thoughtful of sharing it with us. Considering Zimbabwe currency it's easy to understand why he did it and it's a good move. This is a example and it could inspire others way to go.
Honestly, I was shocked when i known about the current price of dollar in their local currency. Though I agree with the one who commented that dollar is better be used than bitcoin, but i think it is always better if they can try to use other currency such as bitcoin so they will know the difference.
Yes unfortunately the paper money in Zimbabwe is basically worthless.
Most people, especially those in rural areas, are not going to have access to computers/ internet, so Bitcoin won't be an option for them.
One day it may be a possibility, but the idea of BTC being something that can help people in these situations is a long way off.
Most people, especially those in rural areas, are not going to have access to computers/ internet, so Bitcoin won't be an option for them.
One day it may be a possibility, but the idea of BTC being something that can help people in these situations is a long way off.
This is the main concern for bitcoin adoption in Zimbabwe. There maybe a few thousands that can afford computers, but majority that of those that actually need help and support for their living will have a small chance to get benefits from bitcoin due to their limited resources.
Wow such person are using bitcoin and here in my country even educated and highly experienced computer teacher also don't know about bitcoin shame on my countries citizen. When would you grow up old man.
this is like barter all over again, so no surprise seeing it in a country where the poverty is everywhere, their fiat currency is not valuable at all it's trash so it's more wise to acquire bitcoin there, and i'm expecting this for all the other poor country as well
Amazing that someone can sells cattle for bitcoin this is new generation and advantage of technology.. and i think this is not new because before i heard that someone are offering here like pizza for bitcoin.. and it s amazing who are receive many bitcoins before i think he is rich by now..
The adoption of bitcoin right now is growing.. and more people right now are knows about bitcoin.
The adoption of bitcoin right now is growing.. and more people right now are knows about bitcoin.
This is really interesting article and it's thoughtful of sharing it with us. Considering Zimbabwe currency it's easy to understand why he did it and it's a good move. This is a example and it could inspire others way to go.
Definitely a nice move and a start of innovation! If Zimbabwean folks start the adoption on using bitcoin as one of the accepted medium of payment, then other people too in the world would soon realize the advantages of using bitcoin as a payment medium and it's potential investment capabilities. Good job, dude! Hope that most people follow suit.
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