Topic: Future of bitcoin in Nigeria (Read 864 times)
many Nigeria are involved in Bitcoin especially the elites. Nigerian government refuse to legally adopt Bitcoin because they are not sure what the future holds for Bitcoin. many of our politicians that are suppose to make legal are investing on it individually. let wait and see what will happen in future when the economy of Nigeria is stable.
My fear.
Is not that Nigeria lacking behind?. Hell shouldn't be. I see lome Africans growing faster and faster when it comes to bitcoin utilization but here in Nigeria reverse is the case.
Although some people still not aware by the power of bitcoin, but im pretty sure that in Nigeria, the future of bitcoin will be bright. But, we still just can hope it, since all the authorities regarding to the bitcoin is the government's decision. Is not that Nigeria lacking behind?. Hell shouldn't be. I see lome Africans growing faster and faster when it comes to bitcoin utilization but here in Nigeria reverse is the case.
Though government policies are not against bitcoin, but it acceptability is very low, and the reasons been that there is no bitcoin publicity. The awareness about bitcoin and how it works are shallow hence potential investors are prone to scam. And if this is not remedy on time it may affect the future of bitcoin in a negetive way.
The future of the bitcoin is very hopeful in Nigeria and very soon (as soon as the economy of that nation rallies) I am positive that the number of entrants into the crypto currency sphere would more than double. only the privileged few that have access to the internet and financial wherewithal that have invested in the bitcoin investment at the moment.
I think the future of bitcoin in Negeria is very bright, actually not only in Nigeria but in other countries in my opinion bitcoin will also develop rapidly and have a bright future. We must open up more insight so that we can also improve our economy so that we can earn extra income. Maybe bitcoin is very suitable for use in various countries.
The future of bitcoin is very bright not in nigeria but all over the world there is no any doubt that nigeria is a very big country with lot of population thats why the future of bitcoin is bright their i think may be people are aware of bitcoin or not thats the question because if the people is aware about bitcoin than the future is too bright.
We all know that Nigeria is a big country with a lot of population, but that won't change the way bitcoin works, but it's good to increase the number of adoptions on Bitcoin, so I don't understand why there are so many people are worried about this.
In countries such as Nigeria in the high economic recession, btc can be very valuable to be used as it can open up more opportunities and expand the economy.
This the last topic i expected to see in this forum but i do not think NIgerians are ready for what is going on in the world at large not many persons are aware of what bitcoin is and what it does but i hope they know about it quick enough
Nigeria is one of large country that actively uses bitcoin in Africa, from various data collected that Nigeria is the second largest country of bitcoin users after South Africa, and I hope Nigeria will soon legalize bitcoin.
My fear.
Is not that Nigeria lacking behind?. Hell shouldn't be. I see lome Africans growing faster and faster when it comes to bitcoin utilization but here in Nigeria reverse is the case.
In my humble opinion Africa and need to improve and step forward in Bitcoin and cryptocurrencies as well as blockchain integration into economy, because it can improve the economy above Europe even. Is not that Nigeria lacking behind?. Hell shouldn't be. I see lome Africans growing faster and faster when it comes to bitcoin utilization but here in Nigeria reverse is the case.
Bitcoin will really grow in Nigeria with time but for now they are engaged in oil business and some other things.
Yes!!
According to statistics, Nigerian people know Bitcoin as well as electronic money too little!
Only a few percent of the population knows that, so development is very difficult !!!
According to statistics, Nigerian people know Bitcoin as well as electronic money too little!
Only a few percent of the population knows that, so development is very difficult !!!
In my opinion, it's not a matter of backwardness, but because there could not be many Nigerians who don't know of high-value crypto currencies like Bitcoin. And the task for people who understand is to introduce bitcoin to them, the wider community.
the level at which bitcoin is trending in Nigeria can in no way be compared with other African countries. bitcoin is really helping in the growth of the economy of the country Nigeria. i see crypto currency recording a huge success in Nigeria come the nearest future.
Yes I share the same thought with you, I believe it is as a result of bad governance but we are doing it under ground and we are coming out like a mighty wind and there will be no stopping us. Because crypto has come to stay, even in Nigeria.
The future of bitcoin looks great in the world as a whole and not just in Nigeria. As education and civilization goes up, people will understand how bitcoin works and the general adaptation will be great all over the world.
I've heard from the news that Nigeria is considering using bitcoin as their currency, or at least the citizens are more interested in using it because their currency, the naira, has worse inflation than bitcoin.
In countries like these where the governments are doing little to help their people bitcoin and its platform technology will be seen as the currency but it may be difficult to implement it there now because of the infrastructure related obstacles.
There is need of more highlights on this... Though many more people have heard about bitcoin but does not really understanding How to buy, invest and secure it, some people even don't know the purpose, so we need the help of government in other to standardized the root of bitcoin in nigeria
My fear.
Is not that Nigeria lacking behind?. Hell shouldn't be. I see lome Africans growing faster and faster when it comes to bitcoin utilization but here in Nigeria reverse is the case.
I have not really heard much about the government doing much to promote or hamper the growth of cryptos in Nigeria, only a few projects taking roots here and there, but certainly a good start. Is not that Nigeria lacking behind?. Hell shouldn't be. I see lome Africans growing faster and faster when it comes to bitcoin utilization but here in Nigeria reverse is the case.
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