BITCOIN IN AFRICA: Hyperinflation and Zimbabwe's Multi-Currency Reality
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 26 March 2020
⏱️ 43 minutes
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Summary
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| 0:00.0 | Servos and greetings from Vienna. |
| 0:07.9 | My name is Anita Posh. |
| 0:10.5 | Thank you for listening to Bitcoin and Co. |
| 0:13.2 | My podcast that's introducing the philosophy, ideas and people behind Bitcoin. |
| 0:22.1 | Bitcoin in Africa, the Upuntu Way, part two, |
| 0:26.9 | Zimbabwe, living in a multi-currency world. |
| 0:30.7 | Hello again to the Bitcoin and Co-Podcast. |
| 0:33.8 | This is the second episode of a series about Bitcoin in Africa. |
| 0:38.6 | In February 2020, shortly before the beginning of quarantine and travel restrictions due to the coronavirus pandemic, |
| 0:46.4 | I traveled to Zimbabwe and Botswana to get a picture from the ground about the usage of Bitcoin in these countries. |
| 0:54.5 | Zimbabwe and Venezuela are very often named as countries where Bitcoin could be making a |
| 0:59.7 | difference in supporting people's economic situation. |
| 1:03.1 | I wanted to see by myself if this is true and in how far Bitcoin is known and used there. |
| 1:10.6 | This podcast special and my trip to Africa would not have been possible without my sponsors |
| 1:16.1 | and supporters. |
| 1:17.5 | I want to thank my sponsors first. |
| 1:20.4 | Localbitcoins.com, the person-to-person Bitcoin Exchange site founded in 2012. |
| 1:27.5 | Local Bitcoins allows you to trade directly with another person. |
| 1:32.1 | This makes the process customizable, lean and fast, as there is no corporate overhead. |
| 1:38.2 | You can get your Bitcoins instantly. |
| 1:40.8 | For every trade, Localbitcoins.com offers escrow protection to ensure the Bitcoins and both traders are safe. |
| 1:50.0 | Thanks to Shift Cryptosecurity, manufacturer of the hardware wallet Bitbox O2. |
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