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Author Topic: marketmonetarist.com: "Good E-money" can solve Zimbabwe's 'coin problem'  (Read 1505 times)

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marketmonetarist.com: "Good E-money" can solve Zimbabwe's 'coin problem'
« on: April 28, 2012, 11:56:42 PM »
"Good E-money" can solve Zimbabwe’s 'coin problem'

The New York Times reports on the Zimbabwe’s so-called “coin problem”:

Quote
When Zimbabweans say they are waiting for change, they are usually talking about politics. After all, the country has had the same leader since 1980.

The future African monetary regime – M-pesa meets Bitcoin

Quote
In fact why not imagine a situation where Bitcoin merges with M-pesa so you get mobile telephone money backed by a quasi-commodity standard like the Bitcoin? I think most Africans readily would accept that money – at least their experience with government issued money has not exactly been so great.

Source: http://marketmonetarist.com/2012/04/26/good-e-money-can-solve-zimbabwes-coin-problem/
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