Life

in #life7 years ago

By 2014 the cash crisis resurfaced again & by 2016 it reached it's peak forcing the gvt to adopt the bonding system & bond notes were introduced to alleviate the problem first in coins of 5c, 10c, 25c,50c &$1HbFrR66YC6UMVNUh8390DVRK.jpggRTfT4YMFF5RK7RX12B1fReb.jpg
As the USDollar continued to get scarce banks introduced bond notes in denominations of $2 & $5 0W5DSW8hMWaLYBCW8DTENb1N.jpg. D5UC89f18yQR7JLPBLYXKHbC.jpg
Banks began to limit withdrawals per individual per day then per week life in the bank's began to be characterised by long queues as pupil struggled to withdraw those little amounts offered6PJKdbQ0NWtPaVLeYJSQ7RgS.jpg
Banks began to offer $100 per week which was then reduced to $50 or $40 or $20 One can receive a withdrawal of $100 in coins of 50c or 25c.With the introduction of bond notes money began to be exchanged at a rate ranging from 10%∼ to 30% for USD. Those technologically literate have begun using Cryptocurrencies esp the bitcoin BTC which is popular with manyb18XyWAUK1V306XyQagL8dQ5.jpg
A clip from CNBCAfrica