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Africa, bitcoin, BitPesa, cryptocurrency, East Africa, economy, jpmorgan, South Africa, Zimbabwe -

When a countryโ€™s economy is in turmoil and their currency is absolutely worthless due to hyperinflation, what would you do? People in third world are turning to bitcoin, but why? ย  Beyond the speculative coverage on cryptocurrency, particularly on bitcoin, itโ€™s now widely acknowledged and accepted as a valid form of payment, proving to have a very social and economic function. Many places in the third world are hit hard by a recessions from negligent banking systems or worthless currencies due to hyperinflations, turn to the virtual currency for an innovative solution. ย  Down in South America, Venezuelaโ€™s sunk by...

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