Actually if you read the book, everyone in Zimbabwe pretty much was desperately scrambling to get their Zim dollars into something else - anything else, at all. So I'm not sure that it could be described as insider trading. 

So it's a tricky situation, ethically. And he definitely had his doubts about it. 

I think I'll write up a post about the book. It's super interesting, especially to bitcoin/econ history nerds

Signal312

yeah, in his case, he's doing something akin almost to insider trading. 
although I'm sure growing up with the poverty of Zimbabwe,m it will reshape a person's mind., survive at all costs. 

stack_harder

bitcoin

The ethics of borrowing in fiat, in order to buy bitcoin

Interesting point. 

In the US, many people could potentially get a loan, and buy bitcoin with that money. But in a country with a far weaker currency, only the well-connected will be able to get that loan at a reasonable rate of interest. 

Like in the example I gave in my post, with the author of the book The Hard Boiled Egg Index - Surviving Zimbabwe's Hyperinflation. He was able to borrow a huge sum of money at an easy interest rate, because he was a senior employee at a bank.