Oddbean new post about | logout
▲ ▼
Anita ⚡️🏳️‍🌈 | 3 months ago (raw) | export | reply | flag +5 
 Zimbabwe has 17 mio inhabitants. Last year 1.9 billion USD were sent into the country in remittances. 
And much of it in USD cash via planes! It’s crazy.

https://www.moneyweb.co.za/news/africa/fintechs-fly-planes-of-cash-into-zimbabwe-to-meet-demand-for-dollars/
▲ ▼
Гоце | 3 months ago (raw) | root | parent | reply | flag 
 They settle for the lesser evil, but don't know that even the dollar is eventually going to hyperinflate.
▲ ▼
frphank | 3 months ago (raw) | root | parent | reply | flag 
 Too bad the crypto community can't provide a viable alternative.
▲ ▼
cryptohamster | 3 months ago (raw) | root | parent | reply | flag 
 USDT on Tron
▲ ▼
stuzz | 3 months ago (raw) | root | parent | reply | flag 
 This is incredible. It’s time for a new monetary regime and a Bitcoin emoji
▲ ▼
cryptohamster | 3 months ago (raw) | root | parent | reply | flag 
 ““Since I have foreign currency, I don’t have to worry about currency depreciation,” Maureen Nyoni, 68, explained while collecting remittances from her children…” Bless 😅