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Topic: The Total Amount Nigerians Have Spent in Bitcoin. - page 2. (Read 276 times)

hero member
Activity: 1064
Merit: 501
I can't but sae wow to this amount figure wey you call so. You can imagine what the amount for be if to sae our government be leave Nigerians to keep on trading their bitcoin with banks up to this time(the amount for double you know).

Even at that(bank ban on crypto), we Nigerians still find our way to be excelling in crypto, not to give up on crypto investment for a day. This na to tell you sae, bitcoin can't be stopped by the government no matter how d try. Individuals go still find ways to the trade on bitcoin anonymously without government ideas.

The most surprising part of this be sae, the price go still d increase as our involvement with bitcoin continues so.
sr. member
Activity: 644
Merit: 262
When Nigerians ready to do sumtin we de always do am with all our mind to make sure say we no carry last at all. So bro this news just as e goes well inno dey surprising bcos Naija no de carri last for this Afrika we lead and oda Afrikan countries folo. I get de feelin say by next year this numba go rise tear pass lik dis tripling sef. Cos base on how de Naira don de fall hand in value pipol don de find were dem go fit put their money make d value  na run down but rake up value wit time nd bitcoin na one reliable ansa wey dey open for everyone. Weldone Naija√
sr. member
Activity: 728
Merit: 421
Naija no dey carry last o. As e come be say our currency dey devalue at a free fall make most Nigerians begin reason alternative means of financial freedom and savings. I believe say Na this ban wey dem put on banks from transacting on Bitcoin Naim make e be say the awareness and adoption dey slow. If not Nigeria for dey boom by now and e for come attract foreign tourists wey for make Nigeria a site of attraction.

So far, I no doubt that figure and if I am not mistaken, that figure is likely more than we think or they have presented here. I wish binance could do a statistical analysis of p2p transactions on Bitcoin sales and purchase for Nigerians you will be shocked at the figure they might present.
sr. member
Activity: 476
Merit: 337
This nah good initiative for the Nigerian citizens way they use Bitcoin for either their businesses or as investment purpose, although we already Know say Nigeria no they carry last for this kind of things because nah as e they hot nai we they like am.
By now e for done pass this level if to say government no stop Bitcoin transactions from banks but still we they use the P2P, I believe say sooner e go pass this stage, maybe when time flies and the government see say still people they use bitcoin, them fir tell the CBN government to approve the Bitcoin transactions way people go perform with Banks.
legendary
Activity: 1092
Merit: 1364
@Agbe
Please, try and include the link, there are other important information we might read from the link that you are providing.
I no see the information from blog or news side nai make I didn't put the link but I saw it in Instagram and that is why I put the Instagram image with di user who posted it there so if anyone want to confirm it, he should type the username in Instagram and see it there but as you said, I have dropped the link but for the other thread, I don't know where to get the link because I didn't use any link but I will try. Thanks for everything.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
@Agbe
Please, try and include the link, there are other important information we might read from the link that you are providing.

I saw the news some days ago and I saved it on my note app. On nairametrics: https://nairametrics.com/2023/09/20/nigerias-volume-of-crypto-transactions-grows-by-9-to-56bn/

It is not surprising at all, only what to expect is an increase again next year.
hero member
Activity: 868
Merit: 952
It is not surprising to see this number because everyday many Nigerians look for a way to beat this economical problem and the continuous Naira devaluation. The first thing I will say his how did they racked this stats because Omo he suppose to get the right numbers. The easiest way will be through exchanges that KYC but what about the other ones like decentralized exchanges where anonymity Dey. Abi them just take the amount of Naira wey don comot from exchanges. Even so the P2P wey we Dey do with each other selves that one too no go Dey accountable. Make we just agree say this number is just for Exchanges and I believe the actual number go pass like this.

Seriously this numbers will be increasing because the best way to save money as a Nigerian now would be to save in bitcoin rather than in any fiat
hero member
Activity: 966
Merit: 620
 Dis no sopoz surprise you nah. We no dey carry last for things like this and for this our country wey the valuation of the naira dey decline sharp, e gud to get alternative to fiat and according to this news naija volume of crypto transactions grow by 9% in the month of June through July. The naira don experience a downside as a result of the reforms wey presido engage in. If you ask me, the best way to solve our economic situation nah to use Bitcoin, but we Govt go gree?
legendary
Activity: 1092
Merit: 1364
Nigerian have used up to $56.7 billions USA dollar from the past years to this year. Only the amount will tell you that Nigeria is not playing with bitcoin. Di transaction of bitcoin in di country dey increase every year. Only dis I know plenty people don join the technology. As I said in the oda thread, wen Nigeria go adopt bitcoin everywhere go be stew. Di acceptance go dey skyrocket. And one of the thing wey dey make people dey accept bitcoin na because the Naira e no get value and im dey devalue every Month.

Dis one too will tell the world say Nigeria is very much involved in bitcoin.

https://dailytrust.com/nigeria-crypto-transactions-hit-56-7bn/
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