Topic: As our economy dey so, Bitcoin na blessing to us? (Read 661 times)

Na true wey u talk so, Bitcoin na really blessings to us, e don help our leaders to creat job opportunities for us wey no get work to do or wey dey find am hard to work for person and thank God say Bitcoin no dey under anybody control by now e for don crash, or e for don dey cease dey do like government work and wey dey sure of our money despite say e dey fall at times but at least no stress or pressure unlike our local banks dem wey to collect our money o na war, na so Waka Waka person go dey waka, just dey stress person unnecessarily but Bitcoin don come don make things easier and better for us.

Bitcoin is important for every that acknowledged crypto. Bitcoin is entirely lifesaver for the smart people that cannot engaged in top white collar jobs. Nigerians have make good utilization of bitcoin and most of them have also suffered due to their carelessness and greed in the system. Everyone knows what to expects from the system, we should always mapped out our plans ahead of time, the little time we have, always shoots for skyrocketing results and not settling for lesser results.

Yes u dey correct, Bitcoin na really blessings to us, especially for me o because ever since I know Bitcoin my life don change, I don advance for life , if no be Bitcoin, o for no know wetin I know today, Bitcoin don really create jobs for plenty people and I thank God say Bitcoin no dey under government power, if not by now, e for don crash and people for they suffer more, since government dem dey enjoy to dey see us suffer but Bitcoin don come to help us out yet, dem still won comot Bitcoin from existence which can't be possible, because if no be Bitcoin some people for no get kind idea wey dey get today about Blockchain and Bitcoin don help to the extent, some people na land owners while some na business people, etc.

Na true talk u talk so, Bitcoin na really interesting technology wey dey help pesin to get control over e own money, and dey make financial services more accessible to everybody, especially me like wetin e dey do for our society today, and I  dey happy say many people don start to accept am as a form of payment.
And I  no just dey look the money side alone, because e also dey make person to dey more independent and nobody get control over am like our local banks and  Bitcoin go dey more and more popular for future and e go dey change people life the more, if the government like make dey do wetin dem won do, as far as way dey for us to still dey use am, we go dey use am small small dey go and I hope say person go make through this bitcoin.

Bitcoin is really a big advantage to the world economy and not just Nigeria economy alone. The invention of Bitcoin is really one of the greatest invention in human history. Honestly speaking I haven't seen any invention that has been fought by governments around the world like Bitcoin. The emergence of Bitcoin brought up several jobs for people around the world that's why I said it helped the world economy. Many people got jobs in exchanges that came up as a result of Bitcoin invention thereby reducing the global unemployment rate. The benefits are too numerous to mention.

Bitcoin na blessing for Nigeria no doubt and the fact be say bitcoin don help many people because people dey take advantage of the volatility nature, it's best if everyone can be part of this technology to take advantage but it's impossible in this country, even if people want to adopt it can't be everyone, even with the features of bitcoin not everyone will like to own bitcoin. The second thing wey bitcoin take help us as a decentralize currency, freedom to control your own money and when I observe the technology of bitcoin e just dey unique, for example politicians, government know the advantage and use of bitcoin but they can't just leave Nigeria currency they feel fiat is the superior but they know that's not true, I dey get one feeling say our politicians own bitcoin but we don't know and they can't come out open, I believe say any person wey hear about bitcoin know say e dey beneficial.

Indeed bitcoin na really blessing to us. Na only blind man wey no go see say bitcoin no be blessing to us. Just whatch out from the beginning of bitcoin invetion till now, you guys see say e don creat awearness and the adoption don dey massive since then. and people wey accumulate an wehen e been dey cheap naim enjoy an pass. and now signature campaign come be another way wet late adopters carry benefits from am. Just chech how many people for the forum don use Bitcoin money achieve better thing. Some for here don build house, some don buy car, some don start business, while some don use an mary there dream wife. Some don use am save there loved ones wey for don die. and many other things. so bitcoin na really blessing to us.

Op na true u talk o Bitcoin na blessing to us more especially the young youth wey dey into am, if to say na by power or Bitcoin dey under centralized power before hardship for really dey because the rate of Bitcoin go come dey valued according to that particular country currency just imagine our weak currency e for no get value but now as na decentralized policy no body even the USA sef no fit take charge of am and them dey find all possible means to make am centralized but God no go gree for them

   God really use Bitcoin bless our country this hard time,if not we no know wetin for Don happen to many of us especially people wey no get job or hand work at all and dey get from dem person..see now Bitcoin don reduce plenty bad boys for street wey don finish university since ten years till now wey no get  work or who go help dem, ab i na  pick pocket , thief, e.t.c .
   Even the ones wey dey help the politicians during election sef no ready again because dem dey fit make them moni òn their own now through Bitcoin ,on like before during election period we go dey hear say dem dey fight and kill themselves mainly governorship election, but this our past governorship election for Bayelsa state no dey like dat ,everywhere dey peaceful  so na very big blessing be dis o o o we thank God well well and Bitcoin makers .

anything when you fit do legitimately for this country when our leaders or a particular body no fit de make decisions about, na him sure pass aswr!

But then, bitcoin no be work but na just means when we fit use invest our money so within some years time, wetin we go get back go make sense wella.

Make e no surprise you say if our government know say you fit de make one or two rubbers for here them for even de check your phone find way when de go take disturb you or extort small money from you .

Indeed Bitcoin is a blessing to us all because it is decentralized digital currency that is not at the obligation for the wicked governments to take authority controls about via terms and policies including the taxation charge rates. The government is so heartless that they don't care about what you an investors profits maybe but all they cares about is having all sectors as revenues to generating itself Money in disguise to economic revenues.
Looking at the current state of time where there is crumbling of the economy that the fiat is so going valueless and depreciating to the USD. Also as at now that the government has set a financial regulatory system of the banks going bankrupts leaving the masses frustrated that even those who has accounted to have money in the bank are restricted from having their Money in other to solve their essential needs. The government do not ever care while the economy is crumbled.
So Bitcoin had really served an alternative for the masses to do with their funds and assets above the control and effectiveness of the  economic system in the country.

Bitcoin na really big blessing to Nigerians both in economy wise and generating money for people.  As the economy dey go bad it is affecting fiat which it is losing value because of this people will prefer to invest their money on Bitcoin than to leave it in the bank which it will depreciate over time. Many people have been able to generate money through bitcoin in one way or the other, bitcoin is really a blessing indeed . Their is no doubt that bitcoin has really been help to people in this bad economy.

Bitcoin na blessing to em investors and those way get interest to Invest on am considering how hard our economy be and the competition for the labour markets including the hijacks way our government dey do us just like when we dey work like lions but dey earn and chop like slaves or ants.
The way of Bitcoin really suit okay for this our economic system because whether things hard or e no hard for the country, whether crisis dey for the country or not, whether na economic break down as inflation or deflation, e no concern Bitcoin. Em own na to dey face em own differences like em dey another world. Na why e be digital currency and a decentralized currency.

Also as our dubious and rebellious government no get a dime control of this digital market of Bitcoin investments instead na everyone dey in-charge of em own Bitcoin coin such as the security aspects through the Blockchains.

However, things don hard for the country to an extend our currency (naira) no get value again so e com be say those who earn in hard high rated currencies like the US dollars na em the bad economy no dey affect. Imagine where $1 be #1,700+?  Our money don big for eyes and in figure but no values to afford tangible something.
This na also other benefits of Bitcoin being blessing to us all because Bitcoin dey calculated using the universal world exchange currency US dollar $.
So anyone trading or investing on Bitcoin na Dollars dealer.

As e dey sweet us the Bitcoin investors and scaling through the hard times the bad economic system set for us, na so e dey pain them the government specifically as them no get hands to censorship of the Bitcoin industry.

Of a truth getting to know about Bitcoin na better update wey dey help many people but the truth be say you fit dey consider am as the best blessing wey you don receive make another person dey cry say why him even know about Bitcoin in the first place. Maybe say him don loose better money for inside this our Bitcoin wey all of us dey rejoice. I get friends wey be say anything concerning Bitcoin dey know want here, sometimes e get some kind money dey go collect I go tell them to invest am inside Bitcoin because with the way the economy take dey now money no dey last again, anyhow you hold am for account or for cash before you know u don dey carry out expenses both the one wey necessary and the one wey no dey important.

So na better thing wey be say us wey dey here don learn how to manage our Bitcoin so as not to cry like the way some people dey do.

Well I don't know how it will look like and if individual whales can control the Bitcoin price then government entities can do that as well if they heavily invest in Bitcoin with their national wealth. But if the government is trying to control the price without investing, then they can not do that because as you rightly said, Bitcoin price is moving with the demand and supply. And one thing we have to know is that Bitcoin is not on this Earth to remove inflation if not inflation has been removed since but it is to make the Bitcoiners more comfortable in the time of the inflation because of the increase of Bitcoin. The economy is very bad but Bitcoin is making it users to surpass the economy so they are not feeling the impact of the bad economy. Though when they go to the market they feel the inflation rate.

To be honest ehn, Bitcoin na the best thing wey happen to me this year, the learn wey I learn about am naim dey sweet me pass because even the small investment wey I don do, I dey see better change wey dey sweet my belle, and I still dey give a very big thanks to this forum members wey help me achieve this goal, assuming say i nor know about Bitcoin I for still dey think say to buy bitcoin person must get the full money to take buy 1BTC before em fit buy am. Anyway apart from investing wey Bitcoin dey offer, na still one of the safest wey to take make transaction using wallets, the feature of P2P without any intermediary na just one of the best feature wey person fit experience for business transactions. And no be say na person dey one place sef dey control the entire Bitcoin network, this na one of the thing wey make our government dem nor dey like make am succeed for the country, because no way for them to manipulate anything wey concern am.

Wetin you talk so na actually true, but make we no also forget say e get ways too wey e no favor Nigerians too. For example, this one wey fee don really high like this, the thing go really worry plenty people as them no go too see Bitcoin the way them been see am before. Especially for people wey no get plenty money for Bitcoin. Just imagine say them wan send small money via Bitcoin, them come sama them better charge. E just be like that time wey naira come scarce, wey if you wan withdraw small money from POS, them go knack you charge wey almost reach the money you wan withdraw. So the thing dey affect, not just us wey be Nigerians but every other people wey dey use the Bitcoin.

I no go lie you, bitcoin na complete blessing give us wey know am. I d pity those wey still be doubting Thomas for wia bitcoin d up till now. I no get anything to say to them as they agree and accept wetin the media and government d yarn for wetin bitcoin to be. Financial freedom wey we d find na head by head.

The situation of how our country be nah, no be wetin peso no suppose to depend on one source of income wey go d pay am in naira(considering how naira to dollar exchange rate d now). Peso suppose get different source of income, if peso gets any freelancer work wey go pay am in dollar na em advantage. If peso choose to dull moment na em business cos peso need survive and invest for em future and the future of em children. Na bitcoin come be the sure way for that.

Anyone wey no wan invest for bitcoin, na em self em d do. Gone are the days wey peso need to convince peso to invest for wetin go benefit am for the future.

Well Bitcoin is really a blessing but not to everybody but to those who owns it now and those who will venture into it sooner or later because someone  who doesn't know about Bitcoin or who is not into it won't see it as a blessing.
However, it is really a huge blessing to those who has it now and those who will have it later.

I swear na comfirm blessing sef, if not because of bitcoin how you think most of us wey dey this forum gi fit chop? Bitcoin Don save many life today wey we no fit imagine, the most likely part wey I come love am must is that it's not control by our government if not the kind of shege wey we go see no go be small thing, many people today don't have work, they only focus on bitcoin investment and today if you see them, them get money pass those people wey dey work under government, even many wey dey under government dey respect bitcoin if them hear the name, they are even among the people wey dey even get interest on investing their money in it.

This days sef I no dey see any young man who is well educated dey suffer himself dey walka around street say him dey find work, everybody just dey concentrate on how to become a successful person on their own,  because this life now you no fit dey wait say make you dey wait for your destiny helper, my brother you have to stand and use the knowledge wey you go get for school starts up something that you will never regret doing it, mostly many young boys now na through all this investment them dey see something chop now and you too as a human being wey you gast to make am, you have to stand up and follow people do what they are doing to become a successful person too, and all over the world bitcoin is well known as a good investment.

for what I have seen and hear so far about Bitcoin, even as, I never benefits from Bitcoin. I can tell you for free that, Bitcoin is a life changer, is a blessing to so many people here. sometimes I dey ask, what if there is nothing like Bitcoin coupled with the hardship the country is facing today. when you check all this, you will know that Bitcoin have done so much good to us.

Bitcoin na blessings to us more than some of us even know based on the opportunities wey e don bring for us, e come better pass as we e be say e dey decentralized so government or individuals no too get control over am, this na come make people wey they use am no need go Tru too many procedures to use am, and too much touch lighting no come follow as that they cause barrier for some transactions.

E get people wey the use of Bitcoin don help dem alleviate the problem them been dey get with foreign exchange, because now instead of the money they fit jus get Bitcoin and send am to anywhere in the world and the other people go receive am completely without any issues. The people wey dey run exchange now dey make money from am because of Bitcoin now dem don get work unlike before wey dem for dey idle as government say dem no get work for everybody, so Bitcoin don be blessings in many ways Dan curse as some pipo go wan dey think am.

Bitcoin for naija con be like say youths don get job. But truly, I know no whether youth still dey look for jobs like that like as e be around 11 years ago when bitcoin never show or even few years ago like 5 years back wey bitcoin begin trend. Guys dey introduce deir friends either to learn how to trade am or do any other thing without am. You go hardly see youth wey dey internet compliant wey no get binance app for fone and that one mean say the hussle dey online.

Na money matter and naija no dey carry last unto say na wetin go enter belle we just need first. No be about the freedom from banks, decentralization but how much difference in profit you fit sustain yourself with from trading or hodling btc.

The existence of bitcoin Don really help the citizens in so many ways, before now when the economy was okay those early investors of bitcoin made their first money in Bitcoin.  Some youth for our country Don take bitcoin trading as an occupation and e Don really help them. The truth be say if tovsay bitcoin no dey and with what the present economy is like e for hard for the citizens.  Many people are working online jobs that is related to Bitcoin.  Any person wey say bitcoin no be blessing to this young generation  the person no dey say truth.  It is as the founder of bitcoin know say by this time the world go need bitcoin na why him create bitcoin.

Bitcoin na blessing for our naija but na only the people were believe with it because dey get many people for our naija where still dey talk say bitcoin na scam because dey don't get any idea on it and na them dey most suffer for the county because dey don't get something doing in the country dey just dey spoil some people mind since dey no do, dey won't makes another person do dey will be saying negative things about it for people, Bitcoin is volatile and government can control it and that make it stronger, I think that is why government make am illegal for the country because he can't get access with it, if know be say Bitcoin investment dey i don't know how many people go dey face for the country how the economic bad this days everything just dey increase price.

Censorship yes, Manipulation no. Bitcoin market is one of the most manipulated market and that can be a good thing and also a bad thing. The price of Bitcoin is influence by news which means it is manipulated by news and this one mean say bad news go make the price of Bitcoin to fall and goodnews go carry the price go up and that's why during bear market we always get more of bad news and the price keeps dumping while for bull market na mostly goodnews dey full everywhere. News is been used to manipulation the price of Bitcoin but the manipulation no dey last because at the end of the day the community power always win and no matter how they try to keep the price of Bitcoin down with all their negative news like exchange hacking, protocols and projects getting hacked, government crackdown on cryptocurency services las las the price of Bitcoin go still recover. Bitcoin is a blessing because it teaches about financial literacy, been incharge of your finance and so on.


Why we sabi lie to ourselves, yes Decentralized of Bitcoin is the greatest gift it gave to humanity but in Nigeria it isn't the decentralization that's our real blessing but the price increase (profit). Make I ask you, how many Nigerians dey use Bitcoin in a decentralized way wey you know outside the forum. Even most people wey dey here dey use Bitcoin with centralized services. Dem all dey trade Bitcoin for remitano, Binance or other centralized platforms. Dem dey use non custodial wallets as na blockchain wallet dey trend before but now trust wallet. Ask anybody wey dey into cryptocurency and the first thing you go see na Binance or trust wallet for their phone. The blessings wey Bitcoin give Nigerians na the price increase (profits) wey e dey give us, other things come secondary. Most Nigerian self dun run KYC finish for exchange just to get how to trade funds to their bank account. Without the profits dem many of us for dun commot the industry. The decentralization of the industry still need more preaching and that's what we're meant to do in our different surroundings.

Blessing indeed, Omor this country for don show many people shega well well oo, even as e dey even show people sef already but the blessing be say we all dey enjoy the benefits and also gain knowledge on Bitcoin technology and other wonderful things wey dey included for cyber and crypto technology. My brother as you talk am na so e be because of not for these signature campaign wey men dem dey use hold body sometimes e for red well well oo.

Bitcoin really come to us as a blessing wey we don already accept and dey use am, dos wey neva adopt am or dislike d use na their choice and d bitcoin itself na alternative to fiat current and not compulsory for all of us but e no dey limited to anybody. One tin I like with bitcoin be say e dey close that gap of not having complete ownership of your money to yourself and dis na one of d greatest thing wey make many us emulate am come dey use am. Me I no get any thing to say to dos wey know about am an no wan adopt the use, na their choice to make as dis bitcoin no be something wey dey forceful on anybody. Just let dem know wetin dem stand to get, d advantages and disadvantages of it when you don’t trade the good way, and dey will be persuaded or convinced to join willingly wen dey get and understand the whole concept.


One good thing wey I see say we dey get as advantage to dey earn in bitcoin be say we fit dey convert am go USD and then from USD to naira. Anytime wey naira dey depreciate against USD, if we convert am we go get higher value in naira but to spend am again go come be like say we no really see any different from when d price been never depreciate like that. Anytime wey naira dey depreciate against USD, na economy downturn dey cause am, so that’s why the value of the money if you wan spend am go still dey the same. The good thing I see with earning in USD for Naija be say, you won’t see any different, whether increase or decrease in your source of income and spendings on a daily basis. Earning in dollar and spending in Naira in Nigeria is directly proportional to each other.

That's correct, mate. Bitcoin is the first decentralized currency that is not controlled by any single organization or government, and it is used by more than 200,000 people due to its open source nature. Bitcoin is the best entirely contributed currency. It's made up of people like you, so there's no need for a bank or payment between you and anybody you're attempting to trade with. Because this, Bitcoin is the most trusted decentralized money in all over the world.

Bitcoin benefits a lot of people, especially the youths and which benefits Nigerians, and the entire world, not just our country. If to say their's not this Bitcoin, how do we think some youth will survive? The way Nigeria is moving on currently now, People are graduating from school every day in Nigeria, and their's no government work for them. To be honest, Bitcoin makes everything easier for people, even in terms of transactions, which are extremely fast, unlike Nigeria banks, which they will do anything they want with people.

No be lie, di decentralization of bitcoin, na real blessing e be for Nigeria, and any oda country, because e no get restrictions, nothing like say any country or entity de control or manipulate am. Anywhere wey di holder de for dis world, di coin no get any restrictions or barriers to take am make transactions. So no matter how naira de devalue e no get any effect for di bitcoin wey de inside your wallet. Plus you fit de trade am as a business, or de invest am on a long term and also make profit.

Dos days wey we de hear of money gram and western Union money transfer, person go send money from abroad and you go go bank to collect am. With bitcoin, nothing concern you and bank, na for di person to just run P2P with you and your bitcoin go enter your wallet directly, no third party.

This would depend on our government, but assuming I am the president  (maybe in the next life), all the exchanges will be forced to have offices in Nigeria and I will tax them approximately because they are not different from banks. You can not believe that these exchanges have offices in those developed countries that later have strict regulations that forced the exchanges to leave the countries. The one I prefer most is the United States that makes all their exchanges to have United States domain and also have offices compulsory. Having an office can not be too stringent for the exchanges to leave, unlike the strict laws from the developed countries after the exchanges have offices in their country.

Even if our government sets a framework/regulation for crypto, it does not mean centralized exchanges would launch physical offices in Nigeria, i don't see why they'll want to do that or be forced to do that. The government would only give them their own terms of the crypto regulatory framework, and if these businesses think they cannot cope with it, they'll simply have to discontinue their services to Nigerian customers.

Bitcoin is a blessing not only to Nigeria but to every country that is challenged with with centralized policy. Where you have to say yes sir before it can be done, where you have to give a bribe before it can be process, you have to pay and lobby to make things faster. However, presence of bitcoin na very transparent technology wey we go dy see wetin dy happen through, it will be visible and transparent for everyone to see.

Just visualize how the central bank would be better today if they have adopted bitcoin and pay people in bitcoin, the rate of corruption in nigeria is going to drop because any money you spend and embezzle will be transparent and anyone that cannot be accounted for will be seen from the blockchain. But will bitcoin be welcome in our central bank, no.

Bitcoin also has power to make people make payment without any fear and have to wait for approval, as long as it's your money, you have the private keys# you will send amount to any person without any middle person or maybe a point of failure, bitcoin doesn't fail.

Aside from the other benefits, we need bitcoin because it appreciate in value, if you have ever have bitcoin when it was around $4000 during the bear market but with time, it went above previous all time high, anyone that happened to bought n that price should be in good profit. This is why we as Nigeria, need bitcoin to store our assets.

In addition, the fee is also expensive. Yes, I agree with this. One of them that you are referring to is wire transfer. Wire transfer can take days. There are some other ones but they are also costly just like wire transfer. Some people are referring to bitcoin transaction to be costly, but far cheaper than international fiat transactions.

Not a single thing that will help the economy, but all will be combined to make a good economy. If Nigeria government force those exchanges to have offices in Nigeria, have some workers from Nigeria and regulate them like banks and using them to generate internal revenue, it would have been better.

To some extent, bitcoin is helping some people involved in bitcoin trading like P2P and making money from it and contributing to the economy. If someone make money from a business (which can be bitcoin business or related), the person will buy goods more and give works to people for the people to render their services. Which means this can help in increasing production, but it is left to the government on how they make citizens produce the goods and services locally, or keeping on depending on imported products and services.

Yap and na true talk be that. Bitcoin don save many life and help them well well. So bitcoin na blessing to everyone wey dey use am and like am. But make we no go over do oh. Make sure you know when to invest and when to trade. Bitcoin was created mainly for p2p and not for third party control. You send directly to the recipient wallet and nobody can block or obstruct the transaction and there is no monthly charges. The economic leaders might have tried their best to stop bitcoin but since there is no central control system, they could do not so they let it be. Bitcoin is the best ever for now. Because the matter the amount you have in you account, nobody can come block your account and ask you how you manage to get this money. This this happened in the aftermath of #Endsars when the Federal Government froze some of the protesters accounts and sued them to court and when they discovered that many people used bitcoin to save their money den no come fit do anything again so they just leave those people.

There are plenty people that are using  bitcoin in Nigeria but the people wey no dey use am nai plenty pass. And I believed non of those people wey dey use bitcoin e dey poor, everyone dey do well in their little ways and for those wey dey the forum sef dey do well. And when di government go adopt am, people go dey happy dey join and use because even for those wey never use am def know say bitcoin e dey exist. And dem sef know say bitcoin dey help people well well but dem dey fear to use am because government never approved am.

Bitcoin dey decentralized and no authority/entity fit control am and if you dey use Bitcoin na you go always dey in control of your money/finances, but mind you, if you carry your Bitcoin put am for centralized exchanges you no dey in control again oh, na only when Bitcoin dey inside your non custodial wallet wey you go dey in control of your assets.

Having said that, generally Bitcoin no go help based on our current economical wahala, though Bitcoin fit serve as hedge for fiat inflation and e go fit give you ROI if you invest and hodl for the long term, but Bitcoin no go fit make the economy better generally, that one no follow for one of its use cases.

Bitcoin na him be the koko, e give everyone financial inclusion and e no dey restricted by age, gender or territory. E put power in the hands of the people, no entity fit control or manipulate bitcoin na him make government dey see am as threat to fiat.

A remember back in days, if person wey dey obodo oyibo send you money, na always big challenge to collect the money, the process dey time consuming and this na after banks don carry out their verification checks. But Bitcoin don make everything dey easy for everyone, the transaction dey transparent, faster, better and e don eliminate the need for third party. E help many businesses strive as you fit buy something from abroad and pay with Bitcoin. Many Nigerians wey dey work remotely dey use am as a medium of payment for their services and e also give people wey dey into Bitcoin trading a source of livelihood.

Bitcoin knowledge and resources na better blessing to us wey Sabi am and mostly for this current biting economy.
As per the control wey dey inside, e dey hard for anyone person or even the SEC regulators to do anything, all them fit do na just to monitor transactions because na inside decentralized network Bitcoin or cryptocurrencies these days dey run on.

I think Bitcoin and crypto currency market fit dey manipulated somehow, because since na based on demand and supply the system dey run, those wey get million dollars investment in BTC or cryptocurrency, wey we know as whales fit affect the prices and availability of the coin when them decide to sell their asset or liquidate some of am.

The control can be of two types: the first is the control over bitcoin price while the second is the control over your own money. Bitcoin do not give the government or central authority the power to have any of the two controls. But according to your post, you are referring to central authority control, like the government.

But regarding economy, bitcoin is an asset and its price is controlled by demand and supply. People buying more and the coin is becoming more scarce which makes its price to increase. In short, bitcoin is an appropriative asset and that is how I see it is helping Nigerians, for people to use it to hedge against inflation.

My brother waiting you talk na true even if say I nava start to they invest for Bitcoin but seeing how plenty people done benefits from Bitcoin I most say Bitcoin is a game changer, so I just wish say everybody for we 9ja go see Bitcoin on the perspective way we they see am, live for they better somehow for we 9ja.

No be lie op, na blessing ooo for any person wen understand Bitcoin and how it dey work.and because governments no want may individuals see the blessings that why dey dey try by all means not to accept Bitcoin, assume government can control Bitcoin many countries for done legalize am, but because they can't control it and they want to be continue control us that is why governments are giving restrictions everywhere about Bitcoin.

Here the truth- Bitcoin na blessings to you if you dey earn in Bitcoin and fit use an as emergency funds when you need your needs to be sorted out. All the talks about say e dey empower individual to blah blah blah only concern people wey dey on "holding -mode". For this Naija the thing wey be blessings to us na business. Na that one sure pass. Because you Sabi say once kasala burst like this na your business be your baby wey go save you if you invest wella to build am up.

Bitcoin is a saviour from financial slavery that was designed and operated by the world financial institutions of government who have seized and taken control of citizens' money and the economic freedom of the citizens also through the use of some financials and economic tools such as inflation.

But with bitcoin,  a lot have changed over time and we are beginning to see the effects of that bitcoin revolutions on the entire global economy and a lot of freedom has been given back to the people through the adoption and right usage of Bitcoin to solve all the financial needs where the traditional financial system will give limitations to such freedoms,  this makes Bitcoin becoming the best alternative currency.

Na true you talk, you know say why government no gree accept bitcoin for dix naija ba because most of them wey they their no know anything about am, and because they know say if they legalize am people ho run from bank transactions come back to bitcoin, be the kind of privacy and freedom wey bitcoin get na wetin go make people run bedat, and again the way our correct value they now e no they really help us oh. Person go gather money to go market if you just buy one or two money don finish, the thing tire me oh.

Sha we no get much say about d matter, make Jah just help us if not e no really easy for us, nothing they even improve for this naija now . But god go run am for us all.

If you are a Bitcoin investor and a Holder, Looking at the situation of our currency today, the Naira, you would understand that indeed Bitcoin is a blessing to us today. Bitcoin has brought us a lot of opportunities today and it is also the reason why we are here.
Through Bitcoin some people are employed today in our society.

Wetting you talk na true. say if bitcoin dey centralized say foul play for dey am. Naim be the reason why government put the ban on crypto. Because them no wan do something wey no go favour them. If to say people gree say make crypto currency dey centralized, Dem for no ban am.

I been dey think of how government go allow the citizens to fully adop crypto currency for every online transaction, and to receive bitcoin in binance and Cash out from local bank. But when I reason say that time e no go dey decentralized rather centralized. And Dem go dey penetrate the Bitcoin wey dey our wallet say na tax,vat,sms charge or even maintenance fee.there making you not to have total control over your Bitcoin account just like local bank. So I come dey talk say make them no even remove the ban again because na the ban dey make us enjoy p2p transaction.

Another one na how Bitcoin don provide means of income. reduce unemployment, cyber crime, scam and many more. And with time corruption go reduce drastically because if BITCOIN touch your life e no go remain the same again. I must confens say e don alleviate poverty. Apart from God the only saviour we have in this world is BITCOIN. Sometimes I ask who gave Satoshi nakamoto this idea? It can only be God.

Yes, you done talk well for this one, even the government self no get control over Bitcoin but dem just dey try to dey manipulate am just in a way so that we the investors no go invest for Bitcoin, as the government of our own country no accept Bitcoin and dem done see am say them alone or with the help of other officialdom no go even fit control Bitcoin or stop am nai make dem limit banks to dey transact with Bitcoin.
Anyway, Bitcoin done help so many of us for this country especially those of us way dey this medium, Bitcoin no dey hard to get, nah just for us tho buy am with p2p transaction for any wallet way dey safe.

My brother na the truth be that oo, Bitcoin na better blessing for some of us while some people still de think negative about am, but I no actually blame some of them because dem no know anything about am and dem no wan know.

The way our Naira de depreciate in value to USD always is something to think about, but the government no de even reason how dem go take rearrange am so dat the Naira go get value small, so if you been de save Naira for account, your money don lose value and u no go fit buy anything wey u been de hope say d money go buy for u before; but if you get bitcoin for your wallet, you no need to fear or panic because your money go de get value de go.

If to say Bitcoin de centralized, foul play for de on how to control d price and others, but as it is decentralized, everybody get right to control him bitcoin d way wey him like and anytime.

Furthermore, Bitcoin don provide means of income to so many people including me because dis our country get as e be, work no de and graduates de plenty for ground every day, so some people de use bitcoin and crypto trading hold bodi while some de work for bitcoin payment to survive, therefore, Bitcoin is a life saver.

OP, na true talk you yarn o. If say no be bitcoin all of us no go come dey together for this forum dey enjoy the benefit of bitcoin. No be only Nigeria bitcoin dey help people wey dey into am, but also for other third world countries wey corruption and bad government don cripple their economy.

This our country wey work no dey, at least people wey learn one or two things for bitcoin go fit use am hold body, just like me and other of our brothers and sisters wey dey signature campaign, bitcoin don help us reach another level for life. Traders too dey benefit. Bitcoin na blessing to us in disguise.

Yes, one of the greatest advantages of bitcoin is that it is decentralised, which is why many people trust it because no one or nation has control over it.

And again, for sure, bitcoin has helped a lot of people in Nigeria so far, and it is still helping others, most especially the youth. If not for bitcoin investment, many youths now in high institutions and universities will suffer a lot, but with it, those who learn to believe and trust bitcoin are making money, while those who think that bitcoin is a scam will always stay the way they are with our financial stability.

What I can just say is let us educate other friends of ours that are still seeing bitcoin in a negative way. If they are willing to join, then better if they are not, then we leave them.

For me oh, I think say Bitcoin na blessing to us, because no single entity get control over Bitcoin.
Making it more resistance to censorship and manipulation.
E dey empower individual to get direct control over their finances without relying on intermediaries.