Its a work in progress. lol. Thank you for your advice. You seem to know a bit about these things, so I would like to try my luck and ask you another question if I may. I have a small business and would like to turn online payments into #Bitcoin. Do you perhaps know if there is a payment gateway where a customer can pay online with lets say a Visa/Master card in fiat currency, then the payment gets automatically converted into #Bitcoin and delivered to a wallet?
Think its sorted now?
Thank you, will try to fix asap. For some reason struggling with this parg a bit.
The Zimbabwean Stock Market is mooning, up %800 this year as investors look to store their wealth in anything other than the currency. The annual inflation rate in the country is 175% and has been devalued by the local government for official exchange rates.
Investors in the country are running to equities and real estate for shelter from mass devaluation, anything but #Bitcoin right?
https://void.cat/d/2jcQ9hWTbBB2CMKF24MawV.webp
As someone who was their for the previous hyperinflation in 2007 - 09 when Bitcoin wasn't around/just starting I can understand this behaviour, but to repeat it again is nuts.
After blowing up The Zim Dollar the first time the government offered people a moving to a multi-currency economy (USD/GBP/ZAR/EUR) for a few years before re-introducing the Zim Dollar in 2019.
In less than 5 years the currency is already starting to fail again, crazy this country ravaged by economic malpractice on an epic scale are not running straight for Bitcoin
Sources:
Africa, especially Africa needs #Bitcoin.
Another sign of #Bitcoin adoption!
First day on nostr for me. So far enjoying it.
Im in African time, do will see a week late 😀
Awesome technology. I wonder how long it will take for all the 3rd world countries in Africa to adopt it.
Probably a dumb question. I'm new to nostr, so still learning. Are there any advantages of running your own relay? Living in Africa I will also have to consider basic requirements such as bandwidth. But really love the decentralized and censorship free model. In 3rd world countries we know how valuable these basic principles are.
You guys look great!
My July 2023 public newsletter is out now:
https://www.lynalden.com/july-2023-newsletter/
It discusses the topic of fiscal dominance, and how interest rates become a weaker and weaker policy tool as public debt increases.
Always a good read, well done.
Taxes and government corruption. The government works for me using my taxes and resources. Time they start doing a better job.