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[Yusra31]

Mutscon Music a Zimbabwean music production company has announced that cryptocurrency such as bitcoin and ethereum can now be used to pay for services. This decision was made in part due to current pandemic-related movement limitations, according to the firm.

 

[Wisdom01]

The crypto payment option also contribute to the popularity of her firm adopting it ,so it have more advantage than disadvantage as citizens continues to adopt the use of it

 

[Brain]

Good one for them at least with this news we have gotten to know who they are. Yeah eth is worth the use as the second best after Bitcoin. So they should enjoy

 

[Josemendez]

I believe it this kind of cryptocurrency adoption continues,we may end up seeing a continuous bull run in cryptocurrency market

 

[a_jerobon]

That is great since so many people are alredy adopting the cryptocurrencies. So accepting crypto payments will attract more people to your business.

 

[07Trinity]

Mutscon Music a Zimbabwean music production company has announced that cryptocurrency such as bitcoin and ethereum can now be used to pay for services. This decision was made in part due to current pandemic-related movement limitations, according to the firm.

I really wish most African countries can follow the path of Zimbabwe,this is just a sign that cryptocurrency will make things quite easier and make most transaction Swift and easy digitally.

 

[Skysaint]

That's nice improvements anyway but my question is, does it mean that cryptocurrency which is just a fantasy coin is already taking the place of the first currency?

 

[Wisdom01]

That's nice improvements anyway but my question is, does it mean that cryptocurrency which is just a fantasy coin is already taking the place of the first currency?

Cryptocurrency is never just a fantasy coin ,if it's a fancy coin who would want to place their risky money in such kind of thing

 

[Skysaint]

Cryptocurrency is never just a fantasy coin ,if it's a fancy coin who would want to place their risky money in such kind of thing

What I mean by it being a fantasy coin is that you can't actually hold a note or coin of Bitcoin or any other cryptocurrency. It's more like an imaginary/digital coin that's in great circulation

 

[Wisdom01]

What I mean by it being a fantasy coin is that you can't actually hold a note or coin of Bitcoin or any other cryptocurrency. It's more like an imaginary/digital coin that's in great circulation

Okay now I understand what you mean ,but so far it is easily convertible into money ,there is no issue if it's not visible or not ,just like your PayPal fund which is easily convertible into real money

 

[Balint098]

True that since just about anyone can open up a crypto wallet and then quickly begin receive and sending money without the need to actually go to the premise.

 

[darasimi]

If you ask me, the easiest way to receive payment online, I would say it's the cryptocurrency. I receive most of my payments online using cryptocurrency and I have not regretted it a single day.

 

[Flower]

It's a good news for the cryptocurrency community in Zimbabwe. But, I do not see the news causing a significant fluctuations in the cryptocurrency market. It's good that people are loving bitcoin every minute.

 

[Ononivami1]

I am very surprised when i read the thread. It showed that Africans are getting to the know the advantages of accepting cryptocurrency as a payment option.

 

[Skysaint]

Okay now I understand what you mean ,but so far it is easily convertible into money ,there is no issue if it's not visible or not ,just like your PayPal fund which is easily convertible into real money

If cryptocurrency can be used to pay for most petty transactions like buying items from local offline stores then I think that's a step to overtaking the usefulness of fiat currency. Don't you think so?

 

[Wisdom01]

If cryptocurrency can be used to pay for most petty transactions like buying items from local offline stores then I think that's a step to overtaking the usefulness of fiat currency. Don't you think so?

Yeah it's a great step ahead, because that's the highest useage ,for it to be used to buy goods from online stores which is not common tho

 

[Skysaint]

Yeah it's a great step ahead, because that's the highest useage ,for it to be used to buy goods from online stores which is not common tho

It will be a nice development for some. I just hope that by then it won't have so much effect on the national economy because it will sure affect the circulation of the local currency.

 

[Wisdom01]

It will be a nice development for some. I just hope that by then it won't have so much effect on the national economy because it will sure affect the circulation of the local currency.

The circulation of the national currency cannot be affected , people invest in stock ,forex and it's not affected ,I don't think it will affect anything

 

[darasimi]

I am very surprised when i read the thread. It showed that Africans are getting to the know the advantages of accepting cryptocurrency as a payment option.

It's true that Africans are now aware of the advantages of cryptocurrency. Moreover, Zimbabwean president is planning to adopt cryptocurrency as a legal tender.

 

[Ononivami1]

It's true that Africans are now aware of the advantages of cryptocurrency. Moreover, Zimbabwean president is planning to adopt cryptocurrency as a legal tender.

I read similar article on the adoption of cryptocurrency as legal tender in Zimbabwe. I would suggest the country copy the strategy of El Salvador.