Zimbabwe makes history. BitCoins now official national currency

Zimbabwe makes history. BitCoins now official national currency

http://ireport.cnn.com/docs/DOC-957375

Rumors from unidentified administration insider report that Mr. Robert Mugabe approved the ground breaking move to BitCoin as his nations national currency yesterday after 4 hour meeting with advisors.

This may signal adoption by several other Africa nations throughout central and south Africa.

Press conference pending as other countries may join and make a multi-national announcement forming a union of sorts.

The additional competition for limited BitCoins (market capped around 11M BTC) could push the price well over $500 in the next month despite recently market voalitility.

 

-I have confirmed the nature of this story with it’s author, BitCoinSachs, on the official #mtgoxlive IRC chat channel.

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