Entrepreneurs in Nigeria are building on the country’s growing interest in BTC and establishing Bitcoin Village, a safe haven for Africa.
In the article above, I learnt a group of entrepreneurs have come together to build a Bitcoin City in Nigeria and they called it... Bitcoin Village.
The project has already kicked off (according to the article) and is expected to be completed by 9th of January, 2023 - which is the anniversary of the anniversary of first Bitcoin core release.
Quotes From the Article
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Nigeria has had its fair share of fear, uncertainty and doubt in regards to Bitcoin, whether this has come in the form of a government ban on cryptocurrency activity or in competition with the nation’s CBDC, the eNaira, which brings more challenges in establishing government-led adoption.
But this has not stopped Nigerians who see Bitcoin’s benefit in their daily lives. And creating a circular economy on a bitcoin standard could start with this Bitcoin Village in West Africa.
Indeed, this in my assumptions, will create real Bitcoin Adoption (atleast, in the village first, depending on how successful the Bitcoin Village is, this can spread to every other parts of the country ) all without the government. But this has not stopped Nigerians who see Bitcoin’s benefit in their daily lives. And creating a circular economy on a bitcoin standard could start with this Bitcoin Village in West Africa.
Promotional Video
https://m.youtube.com/watch?v=MAzsQKe7bec&t=10s&pp=2AEKkAIB
I personally love the way the old woman(presumably a farmer) screamed "I Love Bitcoin" in the end of the video
.Some More Quotes
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“We’re going to open up a Bitcoin village in Lagos, Nigeria. You would come here, spend your bitcoins, buy fish from the local fishermen, buy items from locals directly using the lightning network, and all that.”
A domestic water well and solar panels will allow continuous running water throughout the village and a boundless supply of energy to power the school, mining equipment, street lights and a hospital. The property is on private land in the heart of the financial metropolis of Lagos.
A domestic water well and solar panels will allow continuous running water throughout the village and a boundless supply of energy to power the school, mining equipment, street lights and a hospital. The property is on private land in the heart of the financial metropolis of Lagos.
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The Bitcoin Village will eventually also include the construction of a basketball court, soccer field and swimming pool. The village’s school curriculum will revolve around what money is and how bitcoin is money, and a regular school curriculum will also be implemented to meet local educational requirements.
Not only will locals have the best Bitcoin education as residents of the village, but tourists can also experience the store-of-value benefits of bitcoin, as well as its use as a payments rail at shops there.
Not only will locals have the best Bitcoin education as residents of the village, but tourists can also experience the store-of-value benefits of bitcoin, as well as its use as a payments rail at shops there.
Read full article Here.
Though I am not sure about the completion date of this Bitcoin Village when we consider how close we are to 9th of January, 2023 already, but I think this is indeed a good one aimed at creating adoption, and that the project received 1 full Bitcoin donation from Botmecash, points to the fact that this is a serious project.
Now Imagine if all Bitcoiners all over different parts of the world who can afford it, take up initiatives as this, to build Bitcoin cities in their localities, Bitcoin Adoption will be easily secured, even without governments making it a legal tender.
