The Nigerian government is very smart. Such actions will make Nigeria the richest country in Africa. Bitcoin is the perfect reserve currency. Those countries that create bitcoin reserves in the 21st century will receive a powerful impetus in their development.
Between 2010 and 2019, bitcoin holders were miners and retail investors.
Institutional investors will become bitcoin holders in 2020-2029. Now we see the beginning of this process.
In 2029-2039 countries will be the main holders of bitcoins. Bitcoin will be the main part of their gold and foreign exchange reserves.
It makes sense to start accumulating bitcoins now.
What's smart about this? Are you from Nigeria or you are just guessing? Ive lived in nigeria for many years and I know what's going on in that country, the government have no other way to solve people's problem, the country is in a very big debt and the only option left is for everyone to fight for themselves, it's a corrupted country, the youth of the countries have to find means of staying alive and living well, the adoption of crypto in Nigeria isn't advice by their government, it's the youths themselves that find ways and introduce others to crypto