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dryburn

386 posts

Ultimate Geek


#237674 12-Jun-2018 17:01
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This: https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12068846 NZ Herald report caught my eye and while listening to the discussion there was the following:

 

 

 

Liam (2:50) : [Bitcoin] now worth over 13000 USD

 

Juha (3:14): It's worth 13000 then drops to 5000.

 

Liam (3:30): "That's what it costs in Zimbabwe" 

 

 

 

7000 USD costs 2,533,300.00ZWD

 

https://www.xe.com/currencyconverter/convert/?Amount=7000&From=USD&To=ZWD

 

 

 

Great comeback there....


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Aredwood
3885 posts

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  #2034604 12-Jun-2018 20:30

I thought that Zimbabwe had adopted the US$. Due to the hyper inflation of their own dollar making it practically useless. Heard that they were printing trillion dollar banknotes at one point.





Fred99
11113 posts

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  #2034626 12-Jun-2018 21:05
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Still has more intrinsic value than a bitcoin of course.  The paper has some value, and it does have a unique number printed on it.


 
 
 
 


Geektastic
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  #2034688 12-Jun-2018 22:40
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Imagine the situation when, at some point many years hence, Zimbabwe is well run and very rich. It's currency is sought after and at least as valuable as the USD. And someone pulls out a shoebox of trillion dollar notes from under the bed...!






Dratsab
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  #2034724 12-Jun-2018 23:05
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They need to replace the rocks on that note with a picture of Dr Evil.


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