Topic: Future of bitcoin in Nigeria - page 2. (Read 958 times)
for nigeria, i think the problem with bitcoin is the lack of adequate publicity of the coin, there is no proper awareness, but the future is bright for bitcoin here in nigeria, much need to be done, but nigerians are skeptical about investing their funds into what they really dont have an indepth knowledge of, but with time the acceptance of bitcoin will be high.
In my own perspective, Nigeria is neither a developed nor developing country. But if Bitcoin spread round Nigeria, bitcoin could change Nigeria for better. So if bitcoin could do that, then bitcoin future in Nigeria will be good.
In my opinion, Nigeria like some other countries are still young to so many technology and it naturally would make the government hesitant when such entirely new ideas like crypto creeps in. They probably need time to study the technology.
It is not that African are larging behind when it comes to crypto but any new invention was always coming to African last. I guess this is d reason for larging but with time.... It will surely move
Is too bad that Africa countries are lacking behind in the digital technology advancement in the world that is changing the world financial system and Nigeria as the giant of Africa as it being proclaimed is overwhelmed with high rate of corruption and bad governance and at that are not able to tap into the revolution that the blockchain technology and bitcoin has brought to the financial and economic institution of the world.
I think bitcoin have a bright future in Nigeria. Nigeria rank number 23 in the trading of bitcoin according to estimate gathered from various source by the end of 2017 Nigeria traded about u$55 million per week through bitcoin.. With some if this fact I strongly believe in it future.
Zimbabwe is one African country that has shown serious promise when it comes to bitcoin adoption, i seriously hope Nigeria learns from them and stop trying to prevent hbitcoiner citizens from accepting bitcoin. Nigeria is truly an amazing country and i believe bitcoin will thrive very well there.
Bitcoin has a great future in Nigeria considering the population of the youth and educational level of the citizens.
Individuals in Nigeria have the knowledge about cryptocurrency and they're seriously investing in Bitcoin, But there are no infrastructures like good, cheap and constant electricity and internet services to enable them participate in blockchain related activities like minning.
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.
what about the case? which I know that nigeria country has received bitcoin including other countries in Africa have received bitcoin, even many altcoin projects are realized there. but if indeed the nigeria country remains behind with the progress of other countries in Africa. it's probably because bitcoin users in nigeria are still a bit compared to existing bitcoin users 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.
not in Nigeria only, there are many countries that same with Nigeria, that country still don't know how to use bitcoin, and the people on it is not believing in bitcoin and don't want to use bitcoin because they think that bitcoin is a big scam, so I think they should know bitcoin deeper than before to know what is the benefit of bitcoin and anything else
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.
I think in the country nigeria or africa currently not fully know this kind of technology there I see there are still some tribal groups and people who still do not understand the computer at all.
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.
most of the nations are don't know how to used crypto but at the time every county fall in crypto for sure.so that Nigeria too.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.
but if you wants to understand rightly then your have must educated. that's the main problem in Nigeria I think.
I can say that Nigerians are not lacking behind in the knowledge of the concept of Bitcoin at all. Though those that are fully aware of the technology are not much but they are well grounded. I see good things springing forth from Nigeria regards to Cryptocurrency as a whole.
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.
for the future no one can know all the countries prohibit or inaugurate in my country crypto currency can not legitimately like a currency that can to conduct transactions 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.
It could be good there are a lot of people who have money there
In my opinion bitcoin has great future in Nigeria and in Africa as a whole, you will be surprised when you see the number of Africans who are fully invested in cryptocurrency.Nigeria economic condition is not development but they fluently use bitcoin. 
In my opinion bitcoin will definitely grow in Nigeria and have a bright future because bitcoin will help the economic life of its users ...
In my opinion, Nigerians are very interested in bitcoins and other coding currencies. Many people now understand that bitcoin is not a Ponzi scheme like MMM, and a large number of Nigerians subscribe to the platform of the digital money market every day. Hence, i think in the near future, bitcoin will probably flourish in Nigeria and be accepted by the government for legitimacy
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