Topic: Bitcoin study. (Read 306 times)

I don't have to read everything before I understand what you saying. Only the topic and the first paragraph of the Op is okay for me to say something. Remember this is a local board and not a general board. And since di Government of di country e no dey support cryptocurrency if you teach am without di approval of the school management then you are on your own. And e go dey risky because if government notice am, u don enter bi dat.

No think say people no dey aware of bitcoin in Nigeria. I know plenty people wey know bitcoin as I come to di city. Cryptocurrency will be very much interested in classroom when the government approve it.

Our country Nigeria na already country way dey after to drain em own potential possessions way supposed bring forth fortunes to her economy sector and to the society at large. Country way basically dey after extorting its citizens and careless on the citizens welfares can not implement a governmental crypto institute (s) meanwhile.... Them already place the digital currencies on suspension due to the decentralization of the coins as them no fit take control over am for their selfish interests.

However, we still thank God it is not placed an illegal and that singularly had us the opportunities to today involvement in the Bitcoin crypto industry(s).
@ OP, your insight to leaning of Bitcoin as to educate our people is already in existence but not a governmental sponsorship but of individual institutes.

Interestingly you can check on these private institutional sectors that offers the courses of crypto trading such as Bitcoin and AltCoins at...
* Bizmarrow Technologies @ https://www.bizmarrow.com/blockchain-and-cryptocurrency-training-in-abuja-nigeria/

* The knowledge Academy @ https://www.theknowledgeacademy.com/ng/courses/blockchain-training/bitcoin-and-cryptocurrency-course/lagos/

* Superprof @ https://www.superprof.ng/lessons/crypto-currency/nigeria/ etc.
All these are private institutions that offers on-lines and of-lines classes. Knowledge is knowledge and must not only come from the government. Besides... Most persons believes the private sectors and institutes has more better offers than that of the government.


Before Bitcoin invention, life has been fair and in pleasant riches. Make we no get this mentality say... Who no invest on Bitcoin or AltCoins misses the heavens and the earth.
There are several means to Creating income and Bitcoin investment is just one of it and not the only option.

I came about an interesting thread though from other board in this platform which talks about not forcing our children on oneself at learn about Bitcoin as it is just a decision on what one chooses to get on to because there should be rooms for individual choice making.
You see at OP, even of government creates the path to offer Bitcoin or Crypto trading courses in the governmental institutions, there would still be those who would not be interested to it because they have other choices and besides... It is believed that no knowledge is a waste.



Extend your knowledge to who is willing and no as a course of testimonial acknowledgement. This is where you termed to repeating yourself before you are likely to forcing in knowledge to whom is not willing.
The x+y=0 find xy as a mathematical equations or expressions we are thought in our institutions of today is not was waste brother. Logically those mathematical facts equips us to logically hover around and implements marketing strategies in the Bitcoin and Crypto industries of today. Technically it mentally enhances our initiative ideas to providing us targets and ability to goals achievements.


Even at some educational courses of today, we graduates and regrets spending our whole efforts on schooling because we hope it was going to secure us jobs or assurance to make money. That has caused majority of graduates otherwise and a turn around to leaning new ideas either a new educational course, acquiring of skills or developing entrepreneurship interests where previous knowledge is seemed trash.
With this context, you don't convince one to learn about Bitcoin or sugarcoating the terminal potentials of Bitcoin else you might be seemed to be blamed at some points of failure to obtain what is expected after being convinced.
If embracement is is triggered by virtualities then we would all embrace all the manners and sections that is potentialed to creat wealths.
However, endivoirs and engagements should be based on individual choices so you can be diligently focused and fitted in even at a storm.

Bitcoin is not for everybody. Even, there are people who do have the knowledge but are optioning out due to one reason or the other to engage other angles with same potentials to make incomes.
Life na buzz.

okay nah now I don get wetin you been the try to talk cause I been the think say you the talk say we way come at this stage no really get better benefits like that. As for bitcoin price that one nah sure banker say nah upward movement after every small fluctuations for price. The thing about bitcoin be say any new person wey just enter the feel like say him don come late and nah so the feeling go the always day on and on, the most important thing nah how you use the opportunity to your own profit nah matter and no be by the time you arrived matters. Nah for you to just know where to pin head either to DCA or do trading or do the two together as your energy carry u.

Actually person fit just do self study learn bitcoin, so e no need plenty guide to take understand wattin e be provided say the person serious and e get smartphone wey fit browse the internet, the only part I recommend tutoring na for the technical aspect, that one na no go area before person go sabi that one well he gats pay money to correct expert make them for fit explain wella provided say the person no too know about programming. To my opinion I go say no be knowledge be  everything, plenty people know about Bitcoin but to adopt am naim be the coco wey go show say that person don really dey practice wattin e learn, knowing about Bitcoin alone no go add anything to the adoption until the person buy, I also think say reason why all these people wey get the knowledge never still start to dey adopt na be say is either dem no get money or dem dey invest their money for altcoins. The amount of altcoins and token wey dey market too many google sa na about 22,903 so just imaging this amount of coin dey in existence how people won take focus their investment for bitcoin, and another thing wey I observe na be say majority of crypto users wey me don see for naija na more of traders/short term investors than long term investors, and we know say all the traders na just sharp sharp profit dem dey find.


Normally this thing wey you talk follow join wattin dey make some people never still put body for bitcoin dem dey feel like say the price don too go up dem nor no say in the nearest future dem go still regret of now, and because of the current price of bitcoin naim dey still give dem confidence say other altcoins too go one day raise like BTC.

My brother see make I tell you something, I know actually mean the first people nai benefit well well, I just they point out the fact say those early people nai really enjoy the first privilege because no matter the amount they bought they would be actually get some significant amount of profits. And yes, we wey dey now sef dey still dey open all the opportunity to actually get some profits depending on how much you invested as you don already talk am. But the fact still clear say Bitcoin price go sky rocket well well  🚀 and many people go still talk say how wish they bought Bitcoin in this our stage as we sef dey talk am now about the early stage of those first Bitcoin investor.

Bitcoin adoption no be sumtin we go the think say nah the people way first adopt am na really benefit from am pass we way just the start now. Yes them get privilege know about am before us but that one no mean say we no go fit make use of the opportunity too take make big profit pass them. Bitcoin the way I see am nah no be who first come nah the end up getting profit pass oh. Nah how much you invest in nah go determined how much profit you go get upon any bitcoin halving. As we the talk like this sef even people way go adopt bitcoin in the next 10 years to come me I still the feel say them no lose anything if them get the better amount of money to invest at that time, because even in the next 50 years to come them never still reach mine the last bitcoin. So make we no rush this adoption of a thing by dragging it to schools and all of that. Them no the teach how to make money for school nah how to calculate am nah then the teach

Na true you talk because even from the onset of its creation nobody been actually feel say Bitcoin go even thrive this much but as time goes this particular peculiar coin has spoken for it and this was caused the massive adoption if Bitcoin all over the world. People way been actually get their hand on BTC that period actually turned out to be millionaires and this upset provoked and awaking people awareness of such coins. Bitcoin growth is even very fast if you ask me, atleast comparing it to other coins the rate of adoption of Bitcoin is something else and the adoption will still improve more with time coming.

  I feel like what his trying to say here is that people can educate themselves with the help of YouTube videos and even enrolling in online classes. With YouTube video a beginner trader can later become a very experienced trader. People still even run to YouTube videos to learn something new. We need to start exploring more of YouTube. There’s is a lot to learn if we use YouTube more often. A person with little or no knowledge about how to trade bitcoin with YouTube video he can get an idea or knowledge about bitcoin
  The study of bitcoin needs to be taken seriously so that people can learn how to use the technology to make a better their lives. Since its will soon become a mainstream technology, it should be in the curriculum of the school system so that kids can start having basic fundamentals of the technology. China teaches the ward the concept of working as team and technology at a very tender age, why can’t we teach about the metaverse in school. The crypto industry has a long way ahead there are seminars about blockchain technology, if we go for some of this seminar we can actually gain a lot from those seminars. If possible enroll in online classes there’s no harm in investing in knowledge, because once you grab the knowledge you have hold of the knowledge for life. So if possible you can enrol yourself in an online course about bitcoin.

I think I would agree to this point you made. Bitcoin is a Crypto currency and as such is a digital money which I think would be a little bit cumbersome to be implemented as a course study in school and learning about it separately would mean a rivalry against the local currency which the government would never give into. Bitcoin is part of the umbrella body of blockchain which comprises of so many other chain and all of them are under the blockchain technology.

As you have said, the blockchain industry has given rise to many study which here we can say is a course that should be taught in the schools because I can firmly call them career path because of the nature of their importance and inputs in  the blockchain technology industry.

For all your talk, na dis part funny me pass na him make me quote am specifically. No Naija student neva come across find X, Y, Z before, dat part dey always dey curriculum so tey most of the comedians don dey use am do skits. For government to gree to adopt d teaching of students about bitcoin, e go hard small. You no know say no matter how we push dis tin and people dey adopt am, if government no like d idea or approve d use, nothing to happen o my broda. But as we be bitcoin lovers, we go continue dey preach d good path of am dey go so dat one day we go get acceptance for out country too.


I neva understand dis part wey you talk say, children go fit teach themselves without going to school through bitcoin forum? Ahbi na me neva grab wetin you dey try explain for here so?

This is not only applicable to Nigerians, others in the western world don't know about Bitcoin at 30 or further years so no blame Nigerians and make una know say Bitcoin no go favor everybody for this world or nobi everyone go involve themselves for the market. Understand that Bitcoin is a currency like USD if we dey talk about fiats and PayPal if we dey talk about digital currency but while those mentioned are centralized Bitcoin come dey decentralized wey make ma superior to dem but unfavorable the to the government so without a trusted backing like others get e go get challenge to get adoption to make am very popular like others so when people no sabi about am you need understand say na gradual process as na the community dey do the marketing and not government or private companies. If there are people in your location wey no sabi about Bitcoin, know say na you need do the marketing not schools or government.


I hope you know there are other platforms that pay people in fiats currency and other digital currency as well but does that make it better to adopt those fiats currency nope. The forum isn't Bitcoin so make we no dey use am as an example of the benefits of Bitcoin. Bitcoin is a currency and e dey give you profits when you hold those na the things we suppose dey talk when introducing Bitcoin to others instead of using the forum as a selling point, abeg make we know say the forum can end any day while Bitcoin continue existing. Here na local board so somethings una dey talk no get much effect but dey careful make you no go dey talk this kind thing for the main baord and when you're bringing anybody here make sure you make dem a decent users and not spammers chasing after only signature benefits.

This your Idea is a good one cos the good news of bitcoin should be spread across a nation as big as ours. The state level implementation is also great, but I don't see it working. Why?, Nigeria operates a federation pattern of leadership and not confederation, power is centered on the federal and it distributes resources, as well as competence to the state level. The adjustment of the academic system of any state and inclusion of any subject is a testimony of the approval of the federal government through its minister of education. The state minister is under the federal minister and doesn't have the veto power to implement a subject as controversial as bitcoin study, knowing fully well the stand of the federal government on it. I don't see it happening soon, but I'm quite optimistic and prayerful cos it will be of great benefit to us all if it finally happens.

What you said is actually true, I would have put it the way you did. That's just it. But in the aspect of Naira, dollar, and Euro you said was not taught in school that Bitcoin should not be also studied. I disagree with you on that, because Bitcoin is very broad compeard to naira/dollar and euro these currencies are centralized and have nothing to study about. But Bitcoin, blockchain technology or crypto currency is a decentralized system which makes it to be unique and needed to be focused.

Crypto currency has come to stay. it's a leading currency in the world which is gradually dominating. No matter how and what people choose to focus among all that you listed above, I still think  Bitcoin is the father of crypto currency. Bitcoin is blockchain technology and also crypto currency because without Bitcoin as a source, I don't think there will be any blockchain tech.

Bitcoin is not a subject to be studied in schools bro, bitcoin is only but a currency, if we like, we can compare it to the dollar, naira, euro, pounds etc. but in a decentralized aspect, because bitcoin is a decentralized currency.

If there be anything to introduce to our schools which is cryptocurrency related, it should be BLOCKCHAIN, the technology behind bitcoin and the cryptocurrency ecosystem in general, blockchain is an innovative and emerging technology that is important to study, as it has the full potential to create jobs, give millions of people all over the world jobs and careers, for example..

People can study Blockchain in school to become...
1. Blockchain engineers
2. Blockchain analysts
3. Blockchain developers
4. Blockchain scientists
5 Blockchain security experts and so on and on..

If naira is not taught in school as a subject or studied as a course, and if dollar, pounds, euro is also not taught or studied in school, then I don't see why bitcoin should be introduced as a subject to be taught, or as a course to be studied in our schools, what needs to be introduced as a course to be studied in our schools is BLOCKCHAIN -  The technology behind bitcoin and the cryptocurrency ecosystem.

If we are talking about the adoption of bitcoin in a country, Nigerians are not at the back. Take a look at the number of Nigerians that are in this forum discussing bitcoin today. Even though I know we are not up to 1% of the country's population, you can see that people are still adopting it. However, people complaining about the adoption or not knowing about it is not only happening in Nigeria, as bitcoin is not legal currency in most countries, so any country you go to will encounter this type of case as it’s not the local currency and not everybody will like or be willing to use it.

Talking about Nigeria, I have encountered news that Nigeria is among the top countries that use bitcoin and invest in 2023 so far. So I think we are also moving gradually. Adopting the currency in these countries is a gradual process, and you know how governments operate. Everybody is scared because once you take your own money, they will investigate and make a small move. They will say you are not abiding by the country law, so gradually people will get to know no more about bitcoin and cryptocurrency in general.

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For me I no think say bitcoin adoption is slow, bitcoin is a new innovation not even up to two decades. Things like this e dey take time for everyone to embrace it. I no even think say bitcoin adoption even dey slow because for naija 70 % of young people dey into bitcoin in one way or the other. Since bitcoin started existing the growth in bitcoin so far is not bad. Bitcoin is not even something people needs to rush into or something people needs to be forced to embrace it, people will definitely adopt it at their own suitable time , it has come to stay for people to  make use of it .

The way ah they see am no be everybody go gree accept Bitcoin for our contri. Some persons never still recover form the ponzi scheme wey done come and go wey them put big big money inside. So if you con dey try teach them Bitcoin they go thinlk say na one of those scam things again. Many people don hear about Bitcoin as ah they talk to you but the impression wey they feel nah say Bitcoin get to do with investing money and once you talk anything about investment omor dey go say make you leave that topic o. I remember when i tell my faather about Bitcoin him say make i leave that one say even before them born me something like this done dey and him know better than me when it comes to all this kind thing.

The problem be say no be every body like to learn for internet. many people dey like interactive class, many people dey always catch up fast when dem dey interactive class because e dey  give them joy when dem see say dem dey compete with people to aquare a position. Wetting dey dere be say If them no introduce the teaching process early enough to the children, e go effect them as adult when dem grow, and e go required alot of teaching.

And moreover no be everybody wey dey technologically incline. E dey rear this days for many people to access Internet. Because of poverty rate. The people wey manage get Android phone dey always Twitter, Facebook, Instagram, telegram and WhatsApp. Naim be the only thing dem fit do with phone.

Actually bitcoin is having a positive growth in Nigeria, not just bitcoin but cryptocurrency and it seems like We rank 2nd in cryptocurrency adoption in the The 2023 Global Crypto Adoption Index Top 20 while Bitcoin is the most popular in Nigeria among others.

You don't need to understand all these terminologies and technicalities, all a common man needs to understand is this Not your key not your wallet is not that there are no bitcoin wallet that are not beginners friendly.