Bitcoin and the government are not the same thing. The government's work is to make a country good as they are leading. It is not bitcoin that is leading us in Nigeria.
Where I know bitcoin may help is in hedging against inflation in long term. Indirectly and slightly help in employment. But in currency devaluation, poverty, dependence on oil, poor infrastructure, corruption and others that you mentioned, bitcoin can not help. We need good leaders.
Topic: Bitcoin fixes this - page 2. (Read 303 times)
The recent activities of government towards Bitcoin is major setback to people and business who were doing business related to Bitcoin and cryptocurrency. This lead to shutting down of several businesses and shutting out many Nigerians from different exchanges and crypto platforms. Therefore it will be difficult to measure what Bitcoin fixes in Nigeria unless we address it on individual basis and in that case we can say financial security, unemployment, limited access to finance, currency devaluation and few others. Like I said before, Bitcoin is only able to impact those who embrace it against the frustrations posed by the government.
OP, can you please with illustration expand my knowledge on how bitcoin can fix the list above expect for inflation which is a know problem that also in somehow seen as root of Currency devaluation, Please in curious to hear?
He is actually asking how bitcoin can fix the above problems, not saying it actually fixes them.
Some of our problems as a country
- Inflation
- Currency Devaluation
- Unemployment
- Poverty
- Dependence on Oil
- Poor Infrastructure
- Corruption
- Debt Burden
- Insecurity
- Foreign Exchange Shortages
- Agricultural Challenges
- Limited Access to Finance
- High Cost of Doing Business
- Brain Drain
- Environmental Degradation
I will say to you that bitcoin doesn’t directly solve any of the above problems directly, rather you can have it as an alternative.
The inflation: the inflation in Nigeria is caused by the devaluation of the Naira currency, even if bitcoin is an hedge against inflation it doesn’t mean it will safe your own currency rather only a economic method Like exportation of products can bring value to the country.
Unemployment: bitcoin doesn’t create jobs even if it opens another stream of income In the tech space it is very minimal, moreover you need a job to earn money either in fiat or bitcoin.
Povert: bitcoin can never same a country from poverty only government poverty alleviation policies like making the environment better for business for its people or creating jobs can fix poverty problems.
The Rest are just bunch of things I think shouldn’t even be mentioned. Bitcoin is an alternative currency to fiat or rather na asset like gold and doesn’t do any of above
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OP, can you please with illustration expand my knowledge on how bitcoin can fix the list above expect for inflation which is a know problem that also in somehow seen as root of Currency devaluation, Please in curious to hear? 
"Bitcoin fixes this" is a common phrase that is thrown around all over when people are talking about inflation, income inequality, business etc.
However, in Nigeria with our plethora of problems which we already know and I do not want to go into it. Can we brainstorm what and what can bitcoin really fix in Nigeria?
Some of our problems as a country
- Inflation
- Currency Devaluation
- Unemployment
- Poverty
- Dependence on Oil
- Poor Infrastructure
- Corruption
- Debt Burden
- Insecurity
- Foreign Exchange Shortages
- Agricultural Challenges
- Limited Access to Finance
- High Cost of Doing Business
- Brain Drain
- Environmental Degradation
*Nor be get the image
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