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.
