It would have been worse without Bitcoin or cryptocurrency in general.

[Wiwo]

Cryptocurency and in bitcoin in particular has help this nation and also many nation or should I say it citizens because the government still considered this technology a treat to their dominance and control over the funds of the masses. Imagine a country like el Salvador where bitcoin is legal and used as a legal tender, the citizens there will be at rest to any sort of financial drama from the government and their fiat currency depreciation problems. People would save money now and have a rest of mind knowing fully well their funds are safe from constant deduction of fees and levees from the government and their fiat system.

Have you ever wondered why Bitcoin is referred to as a saviour?
The answer is not far fetch from the realities on ground and how cryptocurrency activities have help to elevate the living standards of the Niferia youths, Nd it has become evident that youth are the front runners when it comes to digital currency involvement,  it trade and usage, and there is no gain saying that Nigeria is highest among Africa countries is the high volume of bitcoin or cryptocurrencies trading and this statistic have been announcing multiple time and at each time Nigeria always top the chart of the highest cryptocurrency users in Africa, despite being a country where its central bank has bad anti bitcoin laws.

[Frankolala]

Thank God for the group called Satoshi Nakamoto. If not for crpytocurrency Nigeria youths condition for don worst pass like this because government fall feel say na them be our God. I am a great benefactor from crpytocurrency bitcoin in particular. I finish school no level because government no send us the citizen,na only themselves and their family na e them care about.

Since,I say make I learn bitcoin,come join this forum,I neva ever regret my actions,instead na joy dey full my belle everyday say God use bitcoin give me hope back to life because through this forum, I learn the little wey I fit understand about bitcoin and he come help me get campaign work wey I come use dey set my goals for my life. If money no dey how you won take achieve your goal. Our leaders see say we the youth smart pass them na e make them no won give us the opportunity to explode but God pass them because our success no dey government hand if not we no go succeed.

[Dr.Bitcoin_Strange]

You know, mate, since I started using Bitcoin, I have used it to make so many payments across five or more countries now, of which, if it were through a centralized system, the fee would be high and there would be no privacy because those authorities that would process the transaction would know who the money was coming from and where it was going, but with Bitcoin, no one would even know that I had carried out any transactions apart from me and the receiver. Although the transaction can be recorded on the blockchain, no one would know it was me who carried out the transaction. So, Bitcoin has really been a good technology in terms of investment and decentralized payment. Yes, every Bitcoiner is aware of the millionaires and billionaires that have emerged through Bitcoin investment, it may not have been easy for some people to make the money they have without Bitcoin in the picture. Bitcoin will still make some people Wealth.

[Wiwo]

You know, mate, since I started using Bitcoin, I have used it to make so many payments across five or more countries now, of which, if it were through a centralized system, the fee would be high and there would be no privacy because those authorities that would process the transaction would know who the money was coming from and where it was going, but with Bitcoin, no one would even know that I had carried out any transactions apart from me and the receiver. Although the transaction can be recorded on the blockchain, no one would know it was me who carried out the transaction. So, Bitcoin has really been a good technology in terms of investment and decentralized payment. Yes, every Bitcoiner is aware of the millionaires and billionaires that have emerged through Bitcoin investment, it may not have been easy for some people to make the money they have without Bitcoin in the picture. Bitcoin will still make some people Wealth.

I agree with you, Bitcoin and other cryptocurrencies have served as a good alternative to fiat for trances border transactions unlike before when it take days to weeks to send money from one country to another,  with all it risks of losing privacy and high fees but now with Bitcoin one can send ten of thousand of dollars to love one without delay and haven't to break the bank for that, with just few dollars fees, and if you think that bitcoin network is too congested or feel is high you can chose from other stable cryptocurrencies with cheaper fees and faster transaction time which are all better alternative to Bitcoin.

But in most cases, bitcoin is being used for trances border transactions due to its popularity and stability among others.

[DaNNy001]

You know, mate, since I started using Bitcoin, I have used it to make so many payments across five or more countries now, of which, if it were through a centralized system, the fee would be high and there would be no privacy because those authorities that would process the transaction would know who the money was coming from and where it was going, but with Bitcoin, no one would even know that I had carried out any transactions apart from me and the receiver. Although the transaction can be recorded on the blockchain, no one would know it was me who carried out the transaction. So, Bitcoin has really been a good technology in terms of investment and decentralized payment. Yes, every Bitcoiner is aware of the millionaires and billionaires that have emerged through Bitcoin investment, it may not have been easy for some people to make the money they have without Bitcoin in the picture. Bitcoin will still make some people Wealth.

I agree with you, Bitcoin and other cryptocurrencies have served as a good alternative to fiat for trances border transactions unlike before when it take days to weeks to send money from one country to another,  with all it risks of losing privacy and high fees but now with Bitcoin one can send ten of thousand of dollars to love one without delay and haven't to break the bank for that, with just few dollars fees, and if you think that bitcoin network is too congested or feel is high you can chose from other stable cryptocurrencies with cheaper fees and faster transaction time which are all better alternative to Bitcoin.

But in most cases, bitcoin is being used for trances border transactions due to its popularity and stability among others.

Bitcoin is simply just the perfect money, I remember some years back when I was still in school and my uncle in the Netherlands had to send me some cash from there to me in Africa, my God it was really stressful to redeem this money I had to go through many process and at end of it all sometimes I end not using the money for it sole purpose or I will up some stacks of mine to complete it because of all the different charges the money might have enquired on its way to me. But if I had known or he himself had been using BTC as the payment means to me it would have been a lot more easier and faster and with lesser fee if not for the shitcoins that are currently flooding the bitcoin block chain making the fee rate increase by some margin.

[Dr.Bitcoin_Strange]

I agree with you, Bitcoin and other cryptocurrencies have served as a good alternative to fiat for trances border transactions unlike before when it take days to weeks to send money from one country to another,  with all it risks of losing privacy and high fees but now with Bitcoin one can send ten of thousand of dollars to love one without delay and haven't to break the bank for that, with just few dollars fees, and if you think that bitcoin network is too congested or feel is high you can chose from other stable cryptocurrencies with cheaper fees and faster transaction time which are all better alternative to Bitcoin.

But in most cases, bitcoin is being used for trances border transactions due to its popularity and stability among others.

The thing that most annoys me when doing those cross-border transactions through a bank or other microfinance institution is the privacy aspect of the transaction. Perhaps, let's say, I am sending $20k to Mr. Walter abroad. If I go through the bank, I will need to give the details of Mr. Walter too, and they can also identify who he is and maybe his address. Oh, mess! It's very unsafe. However, Bitcoin has broken down the middleman barrier. I peacefully receive payment in Bitcoin at my shop, and when I want to buy some foreign goods, I make some payment in Bitcoin without stress, although sometimes it's fiat I use. If not for Bitcoin, it would have really been messy for most transactions that we do that need not be disclosed to anyone.