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Author Topic: How difficult life would have been without Cryptocurrency awareness in Nigeria  (Read 393 times)
sokani
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July 05, 2023, 05:53:33 PM
 #21

Well sha... I no no how life for be without cryptocurrency for our country but I kno say e don help many businesses, e don make payments dey frictionless and stress free, e make transaction fees dey cheaper, e don remove de middle man wey dey for traditional financial system, e don create employment and many more. Like me and you we dey here dey hustle make rubbers enter our pocket, if no be cryptocurrency how we want take collect our money for de job done? About 90% work from home jobs like web design, web3, copy writing, virtual assistant etc. na cryptocurrency wey dem dey use pay and many Nigerians don benefits well well. No be bad thing if person say crypto awareness don help create about 1% job for the unemployed population.
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April 12, 2024, 07:20:05 PM
 #22

Well, Crypto have help a lot and it has also sink a lot, I will say crypto is like betting, a lot of people are making it in betting and a lot of people are also sinking through it. Because most people see crypto as a Making money quick kind of thing like wise betting, and invest in it without having proper knowledge about it and end up losing the little funds with them. The thing is opportunity comes our way everyday being it online or offline but it depends on how smart you are to make use of it. So regardless cryptocurrency have bring a lot of youth out of the Mud, that is those that took their time and undergo proper research before investing.
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April 14, 2024, 05:48:55 AM
 #23

Well, Crypto have help a lot and it has also sink a lot, I will say crypto is like betting, a lot of people are making it in betting and a lot of people are also sinking through it. Because most people see crypto as a Making money quick kind of thing like wise betting, and invest in it without having proper knowledge about it and end up losing the little funds with them. The thing is opportunity comes our way everyday being it online or offline but it depends on how smart you are to make use of it. So regardless cryptocurrency have bring a lot of youth out of the Mud, that is those that took their time and undergo proper research before investing.
Crypto is consider as gambling when it involves Nigerians. We should always know what's coming for us whenever we take actions, just be prepared to enrolled with the risks along because it's more dangerous than mere watching the market. The space is controlled by nobody but with the presence of top whales in the system, their single order can make the market move to the direction they pleases. Cryptocurrency is welcome and at the same time, not welcome because it have sent more people I can possibly think of to trenches.

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April 14, 2024, 06:14:58 AM
 #24

I use to think about how difficult things would have been for us as a Nigerians if there was no Cryptocurrency, considering how difficult it is to get a well paid job, I wonder what would have become of us, but with the help of Cryptocurrency  things became  more easy with many ways of making money through crypto as such most people now prefer online than working for someone. But Most times I use to imagine the way this country is moving, thousands and millions of unemployed youth, to even make the matter worst government doesn't even care about the welfare of the citizens, they does what they feel is right undermining if citizens are okay by it or not, There are millions people graduating everyday but no job.


Your life before you started crypto and now which one is better? Let's share our experience.


Op your very correct, many will say there would have been a way out which is correct as well say that crypto has it negative side to as one may loose but the truth remains that this has shaping and elevated many especially those that discover this early and has course a shift in their financial life to something better than what it was before they engage on the crypto world. Two paramount things is always involved in everything the advantage and disadvantage of a thing in relation to crypto I know there is it's disadvantage but comparing the two the advantage is over weighing the disadvantage.

As long a one know that its not quick to get rich and apply wisdom play smart mist if the disadvantage is nearly and completely cut off when you invest wisely and also use the benefits of profit to do useful other investment that can generate and regenerate income, you will no recognize the disadvantage of crypto the pains comes when you failed to be smart knowing that it's actually a permanent job but only helping shift you in financial stressed which requires you to use one brain .

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April 14, 2024, 08:08:56 PM
 #25

I use to think about how difficult things would have been for us as a Nigerians if there was no Cryptocurrency, considering how difficult it is to get a well paid job, I wonder what would have become of us, but with the help of Cryptocurrency  things became  more easy with many ways of making money through crypto as such most people now prefer online than working for someone. But Most times I use to imagine the way this country is moving, thousands and millions of unemployed youth, to even make the matter worst government doesn't even care about the welfare of the citizens, they does what they feel is right undermining if citizens are okay by it or not, There are millions people graduating everyday but no job.

Your life before you started crypto and now which one is better? Let's share our experience.


Men dey use all this things I dun call their names use survive for the country so e no belike without crypto men no for fit chop but make I no lie, crypto money sweet and if you dun understand am you go chop well. When I dey talk about crypto money I no deg mean this small small change wey we dey get for this forum. I mean better block wey investing or trading fit give you.
No be lie you talk oga brainboss. Make we just take for example person come  get who go borrow or get like upto 500m the person come invest am for btc like as E dey usually dey rise and drop, maybe just like E dey always linger around $62k and $70-71k, emagine say person invest like #500m to btc when E dey 62k and E come increase price to $71k how you no go make block considering how many time btc don change price starting from E hit the new ATH. In one month


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April 22, 2024, 06:46:00 PM
 #26

Omo assuming say cryptocurrency no dey for this our country, I for no understand how this country for be, for me e for be worst o, suffer for really deal with us especially as the rate of unemployment dey increase steady for this country, but since crypto awareness dey don for our country, dey create job opportunities for us, at least we dey work dey see money to take buy food chop and through this crypto awareness e don help some of us mentally, that is our sense of reasoning now don increase, because we dey learn things everyday.

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April 22, 2024, 11:00:06 PM
 #27

On the long run, let's appreciate the invention, existence of bitcoin relatively on its potentials to had been a flexible medium by which individuals who're either creative in entrepreneurships or non being innovative can just invests their funds on it with whatever affordable amount and do expect profits in due time. While we give those excited appreciations on bitcoin, let's foremost recognize and hail Satoshi Nakamoto for such level of his ideal to had made such development a technological financial source for payments and of course also as source of income.

To be realistic with life, without leaning all hope to bitcoin, I can say life has been fair in the absence of bitcoin but the introduction of bitcoin has made it better so, life would had still been fair for us if bitcoin never existed.
So I personally, I'm giving the credit of the better life we're today on technological developments potentially to resolving the challenges of the advanced world we're at the century because possible technological developments ahead of bitcoin could really be a promise to avail of coming through and that's why bitcoin developers are far fastening ahead to enhance better comfortable services and more conducive offers to human kind so that they could always stay at the top as long as cryptocurrencies is concerned in the technology events of digital currencies to reduce global economy inflations.

And While not being so ungrateful, bitcoin is acknowledged by me to be a great, lucrative technology with the service offers for source of payments and income which I can gladly say I got myself an employment by investing as I could afford and I'm making reliable source of  earnings out of it since the government doesn't care about my financial statusco which is the faith to my welfare.

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April 22, 2024, 11:10:50 PM
 #28

Cryptocurrency has really helped the lives of a lot of youth in the country and without it a lot of people will be suffering at the moment probably will be waiting for a white collar job to locate them which would probably not happen.

Cryptocurrency has made things much easier in the country and i know that cryptocurrency is not to be seen as a job but a lot of youths have benefited from it and has taken it more like a job since they earn money from it and I don’t blame them for that. Without cryptocurrency this would definitely be a little tough and challenging for so many people and we would have seen more number of people ending up as yahoo boys or scammers since the Government doesn’t really care about its citizens so people go to any extent just to make money.

R


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April 24, 2024, 09:35:57 AM
 #29

I use to think about how difficult things would have been for us as a Nigerians if there was no Cryptocurrency, considering how difficult it is to get a well paid job, I wonder what would have become of us, but with the help of Cryptocurrency  things became  more easy with many ways of making money through crypto as such most people now prefer online than working for someone. But Most times I use to imagine the way this country is moving, thousands and millions of unemployed youth, to even make the matter worst government doesn't even care about the welfare of the citizens, they does what they feel is right undermining if citizens are okay by it or not, There are millions people graduating everyday but no job.


Your life before you started crypto and now which one is better? Let's share our experience.

Cryptocurrency na really life changer for we naija people's at large because sometimes I used to wonder how people for take survive for this country wey work know day like this, but cryptocurrency awareness don make things easier for people, when I never join this crypto work na me know how things dey for me, but today cryptocurrency don make me know wetin I been no know before all thanks to (Satoshi Nakamoto) for making us know the value of Bitcoin.

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April 25, 2024, 09:50:56 PM
 #30

Though Bitcoin has helped many people in Nigeria but I don't think that life would have been that difficult without cryptocurrency, in Nigeria can we really outline the statistics of people that are into cryptocurrency the truth is that there many people that don't have a good knowldge of cryptocurrency, there are set of persons here that sees cryptocurrencya as a scam that's there believe and we can't change them from such believe even though we try some times,our hesitation will prove unsuccessful, the people that has benefited more in cryptocurrency are the tech guys, there is nothing you will preach to tech guys to leave cryptocurrency that they will listen to you, i dont think that cryptocurrency has impacted much on people life in this country, but i strongly believe that with time people will start benefiting despite our government continous indirect fight against it.

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May 18, 2024, 10:59:18 PM
 #31

Walhai, crypto has open a lot of Nigerians mind and making them to be more vulnerable and important both in the society. I can tell that it has change a lot of lifes in the society too of less privilege. Research has shown that crypto currency have made this recent government feel the youths are lazy but the absolute truth is we can't continue to be in starvation and still rely on their empty promises
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May 19, 2024, 05:05:41 AM
 #32

I am of different opinion to what you have said, to every circumstance, there will definitely be away of survival. Before the knowledge of Cryptocurrency, the country has been experiencing some hardship and people have lived and scale through. Since Cryptocurrency is not a get rich
quick scheme, it has not so much affected our living but gave us option to invest in a place where we can expect big return. Bitcoin halving happens every 4 years where history repeats itself which is always everyone's expectation to make a lot of profit. What do we say then, does the 4 years investment make everyone rich even when many do not have money to invest due to the country's economy situation.

Well I know bitcoins has come to stay, but we can be rational in our thinking. What happens if bitcoins does not exist until the next century, people alive as we speak now we definitely sought for a means of survival.

 Those that can actually boast of bitcoins achievement are early adopters who enjoy the unlimited privilege of selling high, though there are still opportunity to new users.


..., so the survival of everyone in Nigeria Is not dependent on crypto but rather crypto has empowered many.
I love the last line of your comment and I see why you earned the merit because in all reality, cryptocurrencies has empowered many who have given up hope of good jobs in this country.
Just imagine a graduate, probably also one who has had a master's degree, earning as small as #50k or less in this current administration and economic downturn, and with a family or dependants to Carter for. Such a person having been empowered by crypto currency knowledge and has the will to act on it, would abandon that job once they start making profit from crypto currency investment or trading.

After the Naira has been devalued twice, am sure crypto currency is a solution that is here to stay and although it is for everyone, not everyone can partake still and no matter what the government does to frustrate cryptocurrency investors or their exchanges, am sure it will get regulated and accepted as a recognized currency for payments and transactions soon.

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May 19, 2024, 05:58:16 PM
 #33

My people,  apart from say life for dey tough, we no for see work do any where. I fit remember when person governor for this country use shovel and wheel barrow take do empowerment for him people just because of greed and selfishness. Our youths this days because of life changing of crypto currency don turn out to be destiny helpers to other struggling youths like dem wey dey depend solely on farming for rural communities for source of living. Crypto currency don make our people know say God exist and say hope dey for tomorrow.
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May 19, 2024, 07:20:39 PM
 #34

My people,  apart from say life for dey tough, we no for see work do any where. I fit remember when person governor for this country use shovel and wheel barrow take do empowerment for him people just because of greed and selfishness.
Can you imagine that kind thing "wheel barrow empowerment".. Lolz.. But shah, make we just thank God say Bitcoin and Social media monetization came to weep away our tears, as boys can now afford to live a good lifestyle, buy better car, and build standard house before the age of 30yrs. Because who knows what would have become of us if none of this exist. But our God big pass them

Quote
Our youths this days because of life changing of crypto currency don turn out to be destiny helpers to other struggling youths like dem wey dey depend solely on farming for rural communities for source of living. Crypto currency don make our people know say God exist and say hope dey for tomorrow.
Omo.. na truth you talk my gee, because the truth be say the impact of Bitcoin on the Nigerian youths can never be over-emphasized, both in this generation and the next to come, because what Bitcoin has done for us in this past 14yrs, I doubt if our government for fit do am for us in the next 50yrs, and as such, I go always talk say Satoshi Nakamoto deserves to be praised for such wonderful innovation now putting food into the family of thousands of youths globally. While secondly, inasmuch as our government try to fight Bitcoin for being the cause of Naira depreciation. Bitcoin go always strive..

R


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May 19, 2024, 08:25:50 PM
 #35

I use to think about how difficult things would have been for us as a Nigerians if there was no Cryptocurrency, considering how difficult it is to get a well paid job, I wonder what would have become of us, but with the help of Cryptocurrency  things became  more easy with many ways of making money through crypto as such most people now prefer online than working for someone. But Most times I use to imagine the way this country is moving, thousands and millions of unemployed youth, to even make the matter worst government doesn't even care about the welfare of the citizens, they does what they feel is right undermining if citizens are okay by it or not, There are millions people graduating everyday but no job.


Your life before you started crypto and now which one is better? Let's share our experience.

Well I won't lie that crypto don actually help and bless alot of persons for this country sha but e get this mentality wey I get about anything concerning opportunity and chances well although na personal thought on ma own oo because everyone get their own opinion dem. Me I believe say even if crypto been no dey anoda thing wey for be of help like crypto opportunity sef for come and besides the world is just starting to develop because I still believe say many more things dey come for the future wey go be of great help well well dey come so for a short am actually saying everything wey go be go be.

R


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May 20, 2024, 04:23:15 PM
 #36

Quote from: Salahmu
Your life before you started crypto and now which one is better? Let's share our experience.
Since I knew crypto, many things has changed around me because when others people are shouting there is no Job for the country, I will smile and move on with my crypto investment because it has increased me financially with small money I used to start the investment years ago.

It has helped me not to depend on my parents before I can pay my school fees, compared to when I never know crypto, any money I want to spend in school must come from my lovely parents because they want the best from me as their child.

If not crypto, I would have still been depending on my parents before I can do anything to sustain in the environment, and since I have made up my mind to dedicate more time on crypto, it has increased me financially, and materially in my environment.

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May 20, 2024, 09:09:49 PM
 #37

 Firstly, I wish that I had an idea or more knowledge about Cryptocurrency earlier, my knowledge currently would've developed better than this and maybe I would've been one of those big Crypto whales all over the net but altogether it's better late than never and I'm glad for the knowledge I've got currently about Cryptocurrency, all thanks to the Bitcointalk forum. If Cryptocurrency never existed, with the rate of poor economy and bad government, the poverty rate would've doubled and trust me the crime rate would've even trippled and I don't even think the government would've been able to handle the situation cause people, mostly the youths would look for any means of survival I mean in country where the government is bad, economy is down with no job opportunities how then would people survive if not crime, but thanks to Cryptocurrency that's kept many Nigerian youths off the streets and provided job opportunities for more citizens thereby reducing the crime rate. That's one thing the government should consider and be happy about instead of blaming Cryptocurrency for the lose of value of our currency.


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royalfestus
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May 20, 2024, 09:46:09 PM
 #38

Firstly, I wish that I had an idea or more knowledge about Cryptocurrency earlier, my knowledge currently would've developed better than this and maybe I would've been one of those big Crypto whales all over the net but altogether it's better late than never and I'm glad for the knowledge I've got currently about Cryptocurrency, all thanks to the Bitcointalk forum. If Cryptocurrency never existed, with the rate of poor economy and bad government, the poverty rate would've doubled and trust me the crime rate would've even trippled and I don't even think the government would've been able to handle the situation cause people, mostly the youths would look for any means of survival I mean in country where the government is bad, economy is down with no job opportunities how then would people survive if not crime, but thanks to Cryptocurrency that's kept many Nigerian youths off the streets and provided job opportunities for more citizens thereby reducing the crime rate. That's one thing the government should consider and be happy about instead of blaming Cryptocurrency for the lose of value of our currency.
The main difference between investing in cryptocurrency in Nigeria now compared to a few years ago is the foreign exchange rate. Investors need to provide more naira to purchase cryptocurrency today. Unfortunately, most exchanges are removing naira P2P options, making it less attractive for new traders.

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teamsherry
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May 21, 2024, 03:25:41 PM
 #39

I use to think about how difficult things would have been for us as a Nigerians if there was no Cryptocurrency, considering how difficult it is to get a well paid job, I wonder what would have become of us, but with the help of Cryptocurrency  things became  more easy with many ways of making money through crypto as such most people now prefer online than working for someone. But Most times I use to imagine the way this country is moving, thousands and millions of unemployed youth, to even make the matter worst government doesn't even care about the welfare of the citizens, they does what they feel is right undermining if citizens are okay by it or not, There are millions people graduating everyday but no job.


Your life before you started crypto and now which one is better? Let's share our experience.


Well if your idea of crypto currency beign of help to us is relating to jobs and working online I'll not agree with you cause aprt from airdrops and this forum how many crypto platforms offer jobs to people, what I would say that crypto currency especially bitcoin has done is opening our eye to flaws of fait and providing g a solution to better currency and asset that we can rely on rather than keeping fait that would still depreciate in value.

Crypto has also brought a whole new awareness of technology and database technology that is been exploited today in many African countries by tech guys, so yeah it has Brought more awareness than jobs.

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Kelward
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May 21, 2024, 05:16:47 PM
 #40

Cryptocurrency awareness inside Nigeria, na real blessing e be, because many youths wey I know wey don graduate from universities, wey don find work tire, las las na crypto business dem de do now. Cryptocurrency na very good alternative sources of income to many people wey get steady jobs, e no too disturb anybody wey de hodl am or de trade am, say make dem leave dem job.

Cryptocurrency don change my life for better, since wey I don join dis forum and come de increase my knowledge about di advantages of earning inside crypto, I never regret for one day. Unfortunately our government unfriendly attitude towards crypto matter, like di restrictions of naira p2p for some reputable exchanges, wey people de survive on, but all di same, we go still survive for di crypto industry.

R


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