Bitcoin Forum

Local => Politics and society (Naija) => Topic started by: Riginac111 on October 16, 2025, 06:59:49 AM



Title: The impacts Bitcoin created for Nigerians
Post by: Riginac111 on October 16, 2025, 06:59:49 AM
There's a lot of things introduction of Bitcoin has brought to people of Nigerian, and measuring the good and the bad one, you will note that many Nigerians today is benefiting from bitcoin since it's being introduced, The youths that understand bitcoin better is not longer going bad things again,  some used bitcoin to trade and some use bitcoin as assets, and for people who knows about trading, is making profit and lost and it's better to make a small profit than staying idle. Bitcointalk and bitcoin trading and investment has introduced has reduce the following

1. Criminality to the country: Some youths today is into trading and bitcoin investment, and massive criminals crimes has reduced such as arms Rubery, attacking banks, such news is limited because a lot of youths have engaged themselves into trading and other bitcoin and cryptocurrency investment.

2. Fraudulent acts to the neighbourhood: Before you will be defraud in the environment you know better, they are a set of people  called 419, this people are environmental scammers, in 1995 to 1999, they are everywhere, they will even scam you in your street, but I can see that such act have reduced because of people have started being creative to themselves especially the one that values bitcoin.
 
3. Inferiority to humans: Due to trading and bitcoin short term holding and long term holding, people normal feel inferior because lacks of getting daily incomes are no longer felling inferior because they have use their time to engage in bitcoin both trading and investment.

4.Internet fraud: Many youths now is no longer into Internet fraud, due to some have found bitcointalk as a supporting means and content creators, so Internet itself is a source of income if you choose a good part of what you wants to do, they are a lot of limitations of crimes bitcoin brought, but many of us won't believe me.

These are what Bitcoin and Bitcointalk brought to Nigeria also increases chances of living in Nigeria based on my views
1. Stabilize the youths not to think evil to other people
2. Increases average living
3. Indirectly offers a self employment
4. Living life of independent


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Futurexxx on October 16, 2025, 07:25:05 AM
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These are what Bitcoin and Bitcointalk brought to Nigeria also increases chances of living in Nigeria based on my views
1. Stabilize the youths not to think evil to other people
2. Increases average living
3. Indirectly offers a self employment
4. Living life of independent
All that you said here points to one thing in common, which are the economic benefits it gives to the people of Nigeria, and it's true that so many youth of today that would have gone into criminal activities have now resort to trading and investing in Bitcoin just to make a living for themselves even though our government are against it, but regardless of whatsoever, Bitcoin is here to stay, wether anybody likes it or not, so the earlier they realize that fact and join the moving train the better.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Yablee0 on October 16, 2025, 08:17:25 AM
In recent time bitcoin has done so much in the life of so many youth and to the society at large, many people can now burst that they have something doing to keep life going in as much as their is no white collar job in present time but regardless, bitcoin has step in to the picture and change everything for the better.

However, Bitcoin innovation has set many financially free, has reduced inflation in our economic and it has also served as a store of value for those with a long term vision. Even to us the honorable members of the bitcointalk forum it has also helped us greatly in our various signature campaigns, at least with our weekly payouts from our various campaigns it's a big plus to all of us.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Riginac111 on October 16, 2025, 09:26:15 AM
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These are what Bitcoin and Bitcointalk brought to Nigeria also increases chances of living in Nigeria based on my views
1. Stabilize the youths not to think evil to other people
2. Increases average living
3. Indirectly offers a self employment
4. Living life of independent
All that you said here points to one thing in common, which are the economic benefits it gives to the people of Nigeria, and it's true that so many youth of today that would have gone into criminal activities have now resort to trading and investing in Bitcoin just to make a living for themselves even though our government are against it, but regardless of whatsoever, Bitcoin is here to stay, wether anybody likes it or not, so the earlier they realize that fact and join the moving train the better.
Only thing I know is that bitcoin has happened Nigerian youths for not engaging in bad things, many of them currently is seeing bitcoin as a skill and their's no much illegal things again, I don't know if bitcoin can last forever, based on what you said, bitcoin life span is measurable or detectable for now, I can not assure you or said that bitcoin will stay forever, they maybe another currency that's maybe higher than Bitcoin or introduce in future that will take bitcoin out of the picture, nobody knows if such may happen in future or not, but what we are asking God for, is to keep bitcoin to stay for more years.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: POPOLUV on October 16, 2025, 03:52:20 PM
The impact of Bitcoin creation in Nigeria has change allot of things in Nigeria, were by those youths that has the opportunity to acquire the knowledge about Bitcoin has a reason to leave a better life which they have been struggling for to leave and the impact of Bitcoin creation in the Nigerian has equally reduced the number of crimes which so many youths could have engaged with because of idleness and no means of making money to feed on or sending children to higher education, any family that is exposed to Bitcoin will eventually grow well financially and i will advise that will should try to bring up our membership or children up to become a Bitcoiner.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Skydrill on October 16, 2025, 07:26:20 PM
There's a lot of things introduction of Bitcoin has brought to people of Nigerian, and measuring the good and the bad one, you will note that many Nigerians today is benefiting from bitcoin since it's being introduced, The youths that understand bitcoin better is not longer going bad things again,  some used bitcoin to trade and some use bitcoin as assets, and for people who knows about trading, is making profit and lost and it's better to make a small profit than staying idle. Bitcointalk and bitcoin trading and investment has introduced has reduce the following

1. Criminality to the country: Some youths today is into trading and bitcoin investment, and massive criminals crimes has reduced such as arms Rubery, attacking banks, such news is limited because a lot of youths have engaged themselves into trading and other bitcoin and cryptocurrency investment.

2. Fraudulent acts to the neighbourhood: Before you will be defraud in the environment you know better, they are a set of people  called 419, this people are environmental scammers, in 1995 to 1999, they are everywhere, they will even scam you in your street, but I can see that such act have reduced because of people have started being creative to themselves especially the one that values bitcoin.
 
3. Inferiority to humans: Due to trading and bitcoin short term holding and long term holding, people normal feel inferior because lacks of getting daily incomes are no longer felling inferior because they have use their time to engage in bitcoin both trading and investment.

4.Internet fraud: Many youths now is no longer into Internet fraud, due to some have found bitcointalk as a supporting means and content creators, so Internet itself is a source of income if you choose a good part of what you wants to do, they are a lot of limitations of crimes bitcoin brought, but many of us won't believe me.

These are what Bitcoin and Bitcointalk brought to Nigeria also increases chances of living in Nigeria based on my views
1. Stabilize the youths not to think evil to other people
2. Increases average living
3. Indirectly offers a self employment
4. Living life of independent
The benefits of Bitcoin to the Nigerian society are so many that one cannot count them all, Bitcoin has impacted so many Nigerian youth both economically and socially giving them a genuine path to sustainability in their personal economy, nevertheless Bitcoin also serves as one of the platform which demonstrated a great deal of consistency unlike other form of empowerment which couldn't withstand the test of time, I believe Bitcoin has done so much good to Nigerians since it's inception or introduction to Nigeria and those that embraced it would agree with me.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Emjay24 on October 16, 2025, 07:48:57 PM
1. Criminality to the country: Some youths today is into trading and bitcoin investment, and massive criminals crimes has reduced such as arms Rubery, attacking banks, such news is limited because a lot of youths have engaged themselves into trading and other bitcoin and cryptocurrency investment.

2. Fraudulent acts to the neighbourhood: Before you will be defraud in the environment you know better, they are a set of people  called 419, this people are environmental scammers, in 1995 to 1999, they are everywhere, they will even scam you in your street, but I can see that such act have reduced because of people have started being creative to themselves especially the one that values bitcoin.
Bitcoin direct provide employment, in fact you need funds to invest into Bitcoin and follow-up your investment. In trading, you need a good portfolio to make profits and you need funds for learning to trade and your trial and error moments before becoming strong in it. Where do the youths get these funds to kickstart their Bitcoin journey and sustain it? You're examples aren't true at all.  The only thing that helped reduce all these crimes and robberies is Freelance I hope you get me ;). Let's be sincere here Bitcoin isn't for who doesn't have money of his own to kickstart either investing or trading.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Smartvirus on October 16, 2025, 10:21:06 PM
One major thing way the introduction of Bitcoin don do for our people na to reduce the level of dependency on the government. We know how our people Dey wan Dey look up to the government for everything and opportunities to better themselves. People don realize say, without any plenty skill, if you just fit manage to buy and hodl Bitcoin, you fit get some kind profit from am and these profits, you fit use am follow up for other fields too. E con create in Nigerians watin don already day, the hustling spirit and the initiative to take advantage of any online development way Dey promising of returns. E create serious awareness of the opportunities in the online space.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: LOVER BOY 422 on October 17, 2025, 04:53:01 AM
Bitcoin has helped many today,many people has invested in Bitcoin and Bitcoin investment has been paying them in $so if they are paying you in Dollar will be more satisfied I don't think if you can leave the business if Is really favouring you , Bitcoin has really blessed many ,more than harm


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Agbe on October 17, 2025, 12:26:39 PM
Bitcoin has really changed and impacted positively on the Nigerian society ever since it found its way to Nigeria. Today Bitcoin has just moved beyond a crypto hustle or even trying to catch up with the crypto space but Bitcoin today is seen as an alternative source of making money especially to the youths which has no hopes of getting a decent job, which will put food on their table.this has lead to people been able to live on their own and this will play a role in reducing potential youths which should have originally been on the street causing trouble so Bitcoin has really brought hope to many Nigerian youths who are ready to explore what Bitcoin has to offer them by investing in Bitcoin.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Btcdeybodi on October 17, 2025, 12:49:29 PM
Bitcoin has really done a lot for Nigerians who identified the potential value it has and many Nigerian youths are the people that has benefited most in this awareness that bitcoin has brought to the country, am really happy about that because the rate of crimes has really reduced in the society. As far as i know, bitcoin has helped many graduates and undergraduates and has made me to understand that school and education is not a scam because imagine a forum like this, if you ain't educated how can you interact with people in this space. Bitcoin has impacted so much in our lives and we just need to be grateful to Satoshi for introducing this digital asset that has transformed the lives of many people and has also given us financial freedom.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Marvelockg on October 17, 2025, 06:44:13 PM


1. Criminality to the country: Some youths today is into trading and bitcoin investment, and massive criminals crimes has reduced such as arms Rubery, attacking banks, such news is limited because a lot of youths have engaged themselves into trading and other bitcoin and cryptocurrency investment.
When the government fight against bitcoin and try to use their power to crack down those that are in one way or the other affiliated with bitcoin, what they fail to understand is that the good that bitcoin is doing in terms of taking out the eyes of most youth from the street is greater than what they can even imagine. imagine that the vast population of those that are involved in bitcoin now step out and goes on the street in such of jobs that are not even available, what do you think will become of out nation? what will be their reaction when they can not fend for themselves? will that not affect the rate of criminal activities we have around us?

The impact of bitcoin and anything that allows us to earn passive income outside the shores of this country is not small and once we fail to understand that fighting against bitcoin is always like fighting ourselves, we are going to end up supporting those that are anti bitcoin and suffer the consequences in the end.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Cossyblack on October 19, 2025, 11:44:46 AM
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These are what Bitcoin and Bitcointalk brought to Nigeria also increases chances of living in Nigeria based on my views
1. Stabilize the youths not to think evil to other people
2. Increases average living
3. Indirectly offers a self employment
4. Living life of independent

I agree with with these benefits of Bitcoin to our youths. In the Area of crime and poverty in our society today, Bitcoin have done greater good that the crimes people have been using it to commit. A lot of Nigerian youths have given up on themselves simply because the government failed them. When all hope was loss, Bitcoin came to the rescue,gave people a new life and the strengths to starts building something new again.  Crimes have reduced drastically because Bitcoin have taken most of our youths from poverty, offer them a better way of generating passive profits for ourselves,improved our  standard of livings and gave to us financial freedom. Bitcoin have been a blessings to Nigerians right from day 1 and anyone that embrace it is investing in to secure a better future


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Dr.Bitcoin_Strange on October 19, 2025, 03:58:14 PM
The advantage of Bitcoin can not be overemphasize, it has really helped some people to achieve a great goal that they would not have been able to without Bitcoin being in the picture. The growth that some persons have experienced since they either started accumulating Bitcoin years back or even started trading Bitcoin pair is really good.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Ronsbit on October 19, 2025, 04:23:48 PM
The advantage of Bitcoin can not be overemphasize, it has really helped some people to achieve a great goal that they would not have been able to without Bitcoin being in the picture. The growth that some persons have experienced since they either started accumulating Bitcoin years back or even started trading Bitcoin pair is really good.


Bitcoin has done much better for some people compared to what they are doing as a source of living or livelyhood. I will agree with your opinion that many people achieved success in their business and in their life endeavours because of the fact that they are able to get something tangible from their Bitcoin investment also, some did trade Bitcoin and were able to make profit which they used for other purposes that was of benefit to them. It can never be overemphasized that Bitcoin is just for singular purpose, it is a boarderless transaction that knows no boundary, there are lots of benefits from Bitcoin and more are yet to come and I believe in less than no time, we could see more use case  and benefits as it relates to Bitcoin.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: DPHOR on October 19, 2025, 04:34:56 PM
These are what Bitcoin and Bitcointalk brought to Nigeria also increases chances of living in Nigeria based on my views
1. Stabilize the youths not to think evil to other people
2. Increases average living
3. Indirectly offers a self employment
4. Living life of independent
Actually this only effects those who are connected to this forum and to those who also knows about Bitcoin or that are into Bitcoin investment and trading otherwise, the rest people who are not into it may not benefits from it. However, until they starts putting interest or developing passion for it before they could either get benefits from any of these you have outlined, although no doubt that you and I are also a beneficial of the above mentioned characters.


Title: Re: The impacts Bitcoin created for Nigerians
Post by: Sammye3 on October 19, 2025, 06:49:34 PM
The major benefits Bitcoin has created is the means of investment and trading profits purposes which has helped reduce the rate of unemployment in the country as improving economic standards as well. Most individuals in the country are self employed and Bitcoin has proven to be a good source for income generation.

We have seen successful crypto traders who have established themselves without the help of the government but only building technical skills that has helped them financially and that is with the help of Bitcoin. With this, the rate of fraud is drastically reduced and this also helps increase individual productivity in the country.