Bitcoin in Zimbabwe - you can now buy cattle

in #bitcoin8 years ago (edited)


Remote Livestock Marketing System is an online market platform for livestock.
We provide valuable service for small scale farmers in some of the remotest parts of Zimbabwe
https://www.youtube.com/user/RLMSZW
www.rlmszw.yolasite.com
https://twitter.com/rlms_zw

We provide online cattle Sales - Zimbabwe
Please support us as we provide yearly benefits to over 1000 livestock households in rural Zimbabwe
BTC=1PJKVxPJYo26PhZbvJyVZv56RgRAxgSxpW
ETH=0xE143ccEdC2791218D28BA22E1B146a57542203Ec

Livestock Market Platform for Zimbabwe accepts bitcoin for cattle sales

In 2008 after hyper inflation of over 600 billion percent, Zimbabwe a land locked country in Southern Africa abandoned its Zimbabwe dollar for the US Dollar. This was a turnaround pint for the country. A coalition government was in place and a lot of direct foreign investment and diaspora remittances started flowing into the country. GDP improved and new businesses starting sprouting up again after a decade of decay.

The general election saw octogenarian former guerrilla leader Robert Mugabe's party Zanu PF win back parliament and the presidency. And since then corruption, hastily designed Indigenisation policies and continued land invasions and a bulging civil service have chased newly arrived capital out of the country. So much so that liquidity started to suffer, factory closures and unemployment soared. Imports overtook exports and the inevitable cash shortages.

So today Zimbabwe is in financial distress again, with chronic liquidity and cash shortages. So much so, it is very hard to send out money from Zimbabwe. In order to stem the flow of US dollars out of the government has swiftly promulgated the bond note bill - a supposedly secured arrangement with Afrexim bank where by $200 million worth of bond notes only legal in Zimbabwe and pegged 1 to 1 against the US dollar. This has been met with strong protest by most Zimbabweans, who see this as a smokescreen for the government to start printing its own currency again and are haunted by the memories of the uncontrolled printing of the ill fated Zim Dollar from 2003 to 2008 where pensions and savings lost value hourly.

The RLMS platform attracts diaspora based buyers from around the globe wanting to buy cattle for their relatives in Zimbabwe. The current deluge of ill conceived policies has brought about a host of"smart" sanctions. Money transfer services are charging high fees and foreign currency inflows are highly scrutinized and have made the task of transferring money rather arduous and costly.

Enter Bitcoin. Now our buyers can send money effortlessly and cheaply to Zimbabwe to buy cattle, sheep and goats.
We can now refund any savings or refunds easily. This makes for happy customers and happy sellers.

RLMS brings the main livestock markets closer to remote and poor livestock farming communities. It helps reduce loss of weight and disrupts unscrupulous middlemen. The platform deals with economy of scale problems that poor rural farmers have.

With high penetration of mobile phones in Zimbabwe and ever increasing use of mobile data by an ever younger population, there will be a bright future for Bitcoin.

Please support us as we provide yearly benefits to over 1000 livestock households in rural Zimbabwe
BTC=1PJKVxPJYo26PhZbvJyVZv56RgRAxgSxpW
ETH=0xE143ccEdC2791218D28BA22E1B146a57542203Ec

Livestock Market Platform for Zimbabwe

Contact [email protected]
+263772913595

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Hello great post !!!!! I am a Zimbabwean and have found this platform appealing in showcasing the life struggles and opportunities in Zimbabwe.I have made an initiative on P.A.LDiscord to create a Zimbabwe chat room where we mix ,share ideas and support each other .If you are interested feel free to check it out on the link below.Thank you once again
JOIN- #africa-zimbabwe channel -https://discord.gg/dTgjBJr
BLOG-https://steemit.com/minnowsupportproject/@minnowsupport/msp-update-regional-communities

PLEASE SUPPORT THE PROJECT THANK YOU.
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Since we are an agrarian economy your remote system is quite interesting.Cryptocurrencies is seeing a revolution of money .Please tell me more on this remote livestock marketing system and how it works for someone is Zimbabwe