I think this is similarly to several discussions about passing Bitcoin wealth to heirs just that this one expanded the scope of the discussion to cover other digital ventures. I even created this one on how to pass Bitcoin wealth to the next generation and the discussion revealed various options from which anyone can choose.

This topic have also draw my attention to the fact that it is not only Bitcoin asset that can be passed to heirs but everything of value. So it is important we work out ways of achieving this as no one can predict how things will end even though we hope for the best.

Police brutality is a perennial problem that have defied all solutions.  I don't see anything changing about that because "Nigerians don't react to anything " as former governor of Rivers State, RCA put it. Who would have imagined that we will still contend with police harassment after the 2020 Endsars struggle!

The issue is even worse in Southern Nigeria. To move from Rivers State to Akwa Ibom State, there are more than 20 checking points. From Rivers State to Imo State is even higher.  This is not the same in Northern Nigeria.  Until we have a complete institutional overhauling of the system, nothing will change.

Make we just dey careful how we move and ensure you don't pick calls near checking points to avoid police wahala. Also mind the kind of information you keep in your phone when travelling.

I think it's because many of the new guys are not seeking the right advice and knowledge and are probably thinking they can navigate through the forum easily. Assuming we can get the sub boards, we would have had one dedicated for Bitcoin education because a lot of the posters display huge difficiency of Bitcoin knowledge. I know how I'm also trying to comprehend everything... it is not just easy. If people are well informed and equipped with the right knowledge,  that will show in their posting and interaction here.

The non-Bitcoin related topics and discussions are not entirely bad but when they dominate discussion here day-in-day-out, it becomes somehow since here is a Bitcoin forum. Make we catch cruise in such a way that here will not turn to Twitter or Facebook.

Omo make I no lie, Bitcoin should be one of the best things wey don happen to me. E don save my business plenty times and I know how I don benefit from Bitcoin. Na my business self make me know about Bitcoin and without it,  I for no run am at all. The thing wey pain me be say I been no know say holding Bitcoin fit make me rich, I been no dey save as I dey buy use run my things. Now I know better sha and I dey work on keeping for the next bull run make person no for miss out.

Bitcoin na na game changer for me o.... the thing dey help no be small

The problem with the supposed godfathers is that they fail to understand that their boys are humans and should also have opinion. How can a governor of a state like Rivers not have a single opinion when if the state fails he will receive the blame and vice versa. By law, he is the chief security officer as well as chief executive officer of the state... it will be wrong for one man somewhere to decide who he gives contract, who visits him, who he talks to and when he should go out. Being a godfather requires you relaxing and watching your boys deliver while consulting you once in a while to seek guidance and opinion.

We know the Wike played in the election of SIM, we know he made him the governor but that is not enough reason he has to choke SIM that much. Allow the governor to breath abeg... you don serve 8 years so make the young man put things in place and give you the normal returns and regards you deserve. Being a godfather comes with sense!

I had been in a situation where I could not control how much was willing to gamble with, a situation where I could not resist the urge to gamble even when I did not see high probability options. At some point, I even made some rules, but I violate these rules easily easily and most times, it ends in pain and regrets. I don't know if this is the gambling addiction being talked about.

Luckily,  I have been able to put myself together, work on my emotions and also created alternative sources of income... these were some of the steps that helped me overcome that challenge. Now I'm able to make plans and stick to them...

This is so helpful and thanks for sharing. I also learnt they run their transactions free of charge and that make me wonder how they make profits to remain in business.

Even though I do not use these wallet accounts, I know they have made tremendous impact on the Nigerian banking system. Opay in particular have aided the expansion of banking services to the younger population and the unbanked.

My only concern with the wallet account is in terms of security as have been reported on several occasions where hackers accessed the accounts of people and make away with their money.

I had a terrible start with Bitcoin and if not that I knew how helpful Bitcoin can be right from the beginning, I wouldn't be close to Bitcoin ever again. When I started, it was difficult buying Bitcoin due to FX restrictions in my country, so we relied entirely on third parties which are individuals that had found their way around it. Scammers seized the opportunity to deal with us ruthlessly. I fell into the hands of scammers on many occasions, loosing various amounts of my hard-earned money. I'm just happy I did not quit then.

Fortunately,  I'm not struggling to forget the terrible experiences I had joining Bitcoin... I have already forgotten them and moved on. There is a saying that "whatever does not kill you, only make you stronger". Perhaps those experiences form the basis for my trust and confidence in Bitcoin.

This reminds me of the dark days when the Central Bank of Nigeria directed all banks to close the accounts of people dealing on Bitcoin. It was not really easy being into Bitcoin and many people were actually scared. Even though they implemented this policy without any legal or logical justification, several people were actually affected. But like they say "where there is a will, there is a way" , this policy did not stop us from using Bitcoin... we just found a way around it.

I remember that Binance, Kucoin, NairaEx and many other exchanges were handy for Nigerians to use and Bitcoin penetration even grew during same period. Their attack on the Bitcoin community created some form of publicity and many people joined after making some inquiries about Bitcoin and how it could help in a failing economy like that of Nigeria. Well, it is a thing of joy that the present government have relaxed those ill-conceived policies, hence the latest explosive interest in Bitcoin by Nigerians.

The only difference between Bangladesh and Nigeria then is that the former placed a legal ban on Bitcoin while the later did not have any legal backing for attacking people using Bitcoin... I can just say it was an expression of fear of Bitcoin and also their way of discouraging people from getting involved.

The first thing anyone venturing into Internet related business should learn is security. By security, the issue of centralized and decentralized platforms should be taken seriously.  This hack have just proven once again that centralized platforms are not safe no matter how one view it.

I honestly wonder how someone will save sensitive information in am online platform. Anything connected to the Internet is already at risk, how much sensitive information that are willingly given to a third party.

Well, their loss is a lesson to others and I hope they recover the funds.

I don't know if this is the right place for this topic as I'm struggling to wrap my head around it.

Anyways, are you aware of the issue with MFF? They were reported to be a ponzi scheme thereby leaving many thinking that other propfirms are just like that.  That issue sends a very bad signal about propfirms. I learnt they have a pending legal case which I feel the outcome will determine the fate of the other propfirms. Nevertheless,  FTMO have been in the business for long and have earned a good reputation.

Many people including me is applying the DCA method so the accumulation is a continuous process. Bitcoin have been so nice by presenting us with many opportunities to buy.



I do not actually see any terrible thing that could happen imminently. Maybe the postponement of the Bitcoin ETF approval. This might actually cause some declines but since we already have the Bitcoin halving on the pipeline, huge declines may not be experienced. Interesting times are ahead for Bitcoin and it can only get better.Anyone still doubting should check recent market behaviors.

Anyone who ignores his health because he want to make investment is somehow saving the money for his burial! It is as simple as that. Before investing in Bitcoin or any other asset, you need to ensure your health is well taken care of so that you will be alive to enjoy the fruits of the investment.

There is a tendency for a lot of people think that there are somethings more important than life. This is a major error because like they say, every other thing have duplicate but "life do not have duplicate". Every other thing depends on it. By the way, if one invest in Bitcoin without first taking care of his health, it can get to a critical point where he has to sell even at a loss to be able to attend to his health that might have deteriorated.

In summary, investment is good but priority places health over everything. 

The percentage depends entirely on the income level of the individual as there cannot be a general rule for determine the percentage of income to set aside for investment. For those gainfully employed using my country as a case study, living expenses is not more than 20% of the total income so someone can even allocate up to 50% of their income to Bitcoin and will not be affected in any way. unfortunately, not everyone have this kind of job or business. On the other hand, there are people that their total income do not even meet their basic needs, this makes it practically difficult making investment when basic needs have not been met. Finally, the average people can allocate as much as 10% of their income and still do well with other needs.

Different people with different appetite as far as investment is concern and what governs the general approach is the target. If you target to accumulate a certain quantity of Bitcoin in like five years, it becomes easy to calculate your income and how much you can set aside to buy through the DCA method or any other method that seems convenient for you. So, the target, conviction and faith in Bitcoin are some of the things that determine the percentage of income to be allocated to Bitcoin provided basic needs as well as provision for emergencies have been made.

This seems to me like a mixed up or something close to that. The technical aspect of Bitcoin is totally different from the investment aspect of Bitcoin and both require different approach as well as psychology. The technology behind Bitcoin is easier for those who are tech savvy or have committed so much time learning it while the investment aspect resonate more with those who understand how to create and sustain wealth. The later sees Bitcoin as money and pay little to no attention to the programs or code behind it.

Let me draw your attention to fiat payment systems where people use cards implanted with chips. More than 90% of the people using these cards do not know the tech behind it neither do they understand the electronic circuit configuration of these cards. The best they know about these cards is how to protect their pin, and other sensitive information as well as the physical cards. This is like the basic knowledge of Bitcoin... how to buy, secure and protect the wallets.

Like many people have already commented here, investment in Bitcoin does not require so much knowledge of Bitcoin... just the basic knowledge. Meanwhile, being too knowledgeable in Bitcoin without actually investing in Bitcoin make you somehow incomplete as you will not fully appreciate the practicality of the knowledge you have.

I am as surprised as you but I don't want to believe that the match was fixed. Ngannou did served Fury some hot punches.  Assuming it was UFC fight, with a kneel kick from Ngannou, Fury would have landed in ICU already.

Now there are speculations that Ngannou is planning a match with Anthony Joshua. Even though this has not been confirmed, if it ever happens,  I smell a rage filled match that will see Ngannou unleashing hell on Joshua in other to save his career.

I hardly make any withdrawal from welcome bonuses, and I am not a lone in that. I don't know if it is a psychological thing, but I tend to be too reckless with bonuses and easily waste them away without any form of caution. Therefore, my choice is loyalty programs.

With a loyalty program in place, there will always be incentives for joining and helping the online casino grow. It gives a sense of ownership because if the casino succeeds, the users will, so it is a win-win for everybody.

You cannot heal from pain by venturing into gambling,  you will loose so much that you might be depressed. His wife leaving him has had a great effect on his mental health , his focus should be how to get his mental health back and not to complicate things. It is urgent for him to seek the services of a therapist.

 Gambling requires a stable mind as much as it requires luck.  Financial decision making is something that should be made with a clear and undistracted mind. Hope he bounces back soon and become the best ge can be.

You get luck say them no scam you o. Wetin I take eye see untop scammers ehhh, I no fit share am finish. Na only WhatsApp them no scam me but I don collect woto woto from Facebook and Telegram. If I dey see people wey dey join Bitcoin now, I dey envy them because the road don soft now... the various formats of scammers don cast finish so them no fit get those terrible experiences wey we get.

The major challenge now na hackers and phishing... those people dey worry wetin no good. Make we just dey careful because the street no good at all.

There are still many grey areas to accepting Bitcoin by businesses. From what I have seen in my country, it is easier for holdlers of Bitcoin who also own businesses to accept Bitcoin than those who are not already into Bitcoin and need cashflows for their day-to-day businesses. At the centre of these challenges is the volatility like you rightly stated. Many businesses are not just comfortable with the volatility of Bitcoin as it distort their financial projections and balancing of books like in weekly or monthly basis.

The aspect of taxation is a kind of complex and various across various jurisdictions.