The adoption of Bitcoin continues to increase.

[Su-asa]

Good day my good friends and families from Nigeria. I am very excited to see our local board being arranged. Seeing the subboard too is very interesting (politics and society naija, off-topic). The LB is getting clean as all topics are set according to their boards.


Well, I went to the mall to buy a smartphone yesterday, and I saw that the shop accepts Bitcoin as a payment method. However, I wanted to pay in Bitcoin, but I couldn't because I am still holding. Although that was my first time to witness a shop accepting Bitcoin as payment in Nigeria, I know that there are stores both online and offline stores that accept Bitcoin payment. This made me more believe that Nigeria is getting closer to the crypto space despite some difficulty with cryptocurrency and CBN. The government can not stop Bitcoin adoption in Nigeria, and even if they try their best people will still invest, sell, trade Bitcoin. So have you used Bitcoin to pay any bill? And what did you use bitcoin to pay for?

[1715438888]

1715438888

[Hatchy]

You have to be careful mate. The government are after anything that deal with cryptocurrency please, you should avoid anything that would get you into trouble. Now isn't the time to identify your self as a cryptocurrency holder. Those shop you see right now might have to take down some of those Bitcoin postals.
Even though we know quite well that is totally impossible for our government to take down cryptocurrency, we still have to be careful as anyone can be a victim. Once they find a reason to take someone they will do so much to use them as example. I haven't used Bitcoin for any reason to pay for any thing since I started investing. I don't see the need to, since we have options to convert to naira using p2p.

[Asiska02]

Well, I went to the mall to buy a smartphone yesterday, and I saw that the shop accepts Bitcoin as a payment method. However, I wanted to pay in Bitcoin, but I couldn't because I am still holding. Although that was my first time to witness a shop accepting Bitcoin as payment in Nigeria, I know that there are stores both online and offline stores that accept Bitcoin payment.

This is not the first time I have seen users in the local board post about a place that accepts bitcoin as a means of payment. Such places have been in existence before, it is just that you’ll hardly see a place around in Nigeria.

This made me more believe that Nigeria is getting closer to the crypto space despite some difficulty with cryptocurrency and CBN. The government can not stop Bitcoin adoption in Nigeria, and even if they try their best people will still invest, sell, trade Bitcoin.

With more adoption, we will see more places like this that accept bitcoin as a means of payment. People are not familiar with it to use for payment and mostly on offline mode, so when the adoption gets bigger, it’ll become something we will be seeing around more often.

So have you used Bitcoin to pay any bill? And what did you use bitcoin to pay for?

Since bitcoin have not been widely adopted for use in Nigeria, I have not used it to pay for any service before offline. In exchange for some goods online, if the person can accept bitcoin as means of payment I’ll gladly use that because till date I haven’t used bitcoin to pay for any services.

[Mia Chloe]

Normally everyday by day new new people de venture Bitcoin even for we country Naija. Na better thing oo but the way the matter de be so we go need to de careful well well Because as things de so our government Dem no support crypto at all at all and Dem they try do everything to make sure say we Naija people no de make use of crypto. If you observe well u go notice say for some time now government just de bring down many many exchange 4 Naija especially d ones way de allow P2P.

The Thing actually de very painful oo but watin man fit do? The matter now be say we gats try our best to make sure say even if we de use crypto, government no go bring our business dem down because of crypto. Dis morning self I see one news say government de freeze people account way de do crypto trade so if we de trade try to avoid to de relate am to crypto 4 d remark to prevent unnecessary matter.

[rachael9385]

This morning na h watin I see be this.

No be bad thing sha but the truth be say you as a Bitcoiner you suppose dey careful even though say you see am say them dey accept bitcoin for any shop make you no try use am pay for anything and make you no also tell person say you be bitcoiner or a bitcointalker.
These government them done too put eyes for Bitcoiners so if you go take our advise, e go dey good and e go help you and also those wey know know. Normally we sef know say these government and the whole world no go fit fight against Bitcoin but the only thing wey them go fit do be say them go manipulate the bitcoiners the way wen them go dey frustrated, so you nah to just dey deal with Bitcoin on a low key so that others no go dey aware. These life no body knows no body so just dey on a low key with your bitcoin. Now no be the time to spend Bitcoin for anything, just hold and continue holding until you are satisfied with the amount of bitcoin you are holding.

[Mate2237]

You have to be careful mate. The government are after anything that deal with cryptocurrency please, you should avoid anything that would get you into trouble. Now isn't the time to identify your self as a cryptocurrency holder. Those shop you see right now might have to take down some of those Bitcoin postals.
Even though we know quite well that is totally impossible for our government to take down cryptocurrency, we still have to be careful as anyone can be a victim. Once they find a reason to take someone they will do so much to use them as example. I haven't used Bitcoin for any reason to pay for any thing since I started investing. I don't see the need to, since we have options to convert to naira using p2p.

Exactly you have spoken well. Since the government can't track down the cryptocurrency participants, he has to attacked the exchange that are mediating for the users and today OKX is blocked with p2p and also Opay and Palmpay, Monipoint and other online banks send me a message that i should avoid using foreign exchange, money laundering and cryptocurrency related transaction.

And this the message was sent from me. So we have to be careful with anything related to the personal information or identity. Even dat shop that Op posted here will delete that advertisement because of the current situation of things in the country.

[Mr.suevie]

Normally everyday by day new new people de venture Bitcoin even for we country Naija. Na better thing oo but the way the matter de be so we go need to de careful well well Because as things de so our government Dem no support crypto at all at all and Dem they try do everything to make sure say we Naija people no de make use of crypto. If you observe well u go notice say for some time now government just de bring down many many exchange 4 Naija especially d ones way de allow P2P.

The Thing actually de very painful oo but watin man fit do? The matter now be say we gats try our best to make sure say even if we de use crypto, government no go bring our business dem down because of crypto. Dis morning self I see one news say government de freeze people account way de do crypto trade so if we de trade try to avoid to de relate am to crypto 4 d remark to prevent unnecessary matter.

This country matter just tire person because me I no know if na the crypto trading wey people dey do nai dey cause their problem or na because say these CEX no gree yield to their terms because I fit remember well that time wey dem been start with binance dem ask binance to actually pay small money so that everything fit balance and the refusal nai cause the close of the P2P matter for their system.

[Belarge]

This country matter just tire person because me I no know if na the crypto trading wey people dey do nai dey cause their problem or na because say these CEX no gree yield to their terms because I fit remember well that time wey dem been start with binance dem ask binance to actually pay small money so that everything fit balance and the refusal nai cause the close of the P2P matter for their system.

Make we just de alright small small for our own ends. I'm sick and tired of engaging in Nigeria trends because it's absolutely heading no where. Nigeria don turn upside down because the government no de help matters at all. This new government come worst pass the former one, why things de happen like that sef? The ban leading to crypto related top exchanges is unacceptable, how P2P merchants go take chop? Everything just hard because the physical and online come hard join.

[MainIbem]

You have to be careful mate. The government are after anything that deal with cryptocurrency please, you should avoid anything that would get you into trouble. Now isn't the time to identify your self as a cryptocurrency holder. Those shop you see right now might have to take down some of those Bitcoin postals.

I support your statement. well, what the OP is saying makes lots of sense and I am glad to see that gradually our citizens are beginning to understand the usefulness of Bitcoin for carrying out transactions, I believe that the total circulation of Bitcoin nation wide is a gradual process, I wish we were in the era of president Yaradua or Goodluck Jonathan when better officials where governing the CBN, maybe things would've been a lot better maybe the circulation of Bitcoin nationwide would've speed up currently but then with the current situation on ground everyone has to be careful, you could promote Bitcoin here in the forum nobody has the right to kick against that here but outside the forum you could be held by the authorities for that so everyone needs to pipe low till the situation is calm. Well, I'm pretty sure this government is fighting a lost fight against cryptocurrency and with time things would get better, Bitcoin is here to stay.

[Jaycoinz]

This country matter just tire person because me I no know if na the crypto trading wey people dey do nai dey cause their problem or na because say these CEX no gree yield to their terms because I fit remember well that time wey dem been start with binance dem ask binance to actually pay small money so that everything fit balance and the refusal nai cause the close of the P2P matter for their system.

Make we just de alright small small for our own ends. I'm sick and tired of engaging in Nigeria trends because it's absolutely heading no where. Nigeria don turn upside down because the government no de help matters at all. This new government come worst pass the former one, why things de happen like that sef? The ban leading to crypto related top exchanges is unacceptable, how P2P merchants go take chop? Everything just hard because the physical and online come hard join.

Omo e get the way this matter dey go wey everyone dey ignore which is the fact and possibility of actually having nowhere to trade our coins when all these things finally happen where person go run to because those DEX never really get way e go be. Well for now am a bit short sited about this whole matter but what are the possibility say dem go get all these CEX.

[DaNNy001]

Normally Nigeria Na country wey like to maximise opportunity, the fact say many person no too like to use bank because of their transaction limit for a day, Na why the Bitcoin go dey relevant. Just imagine say person wan buy gadget of 1.2m and bank transaction limit Na 500k for a day? How person wan do, and to go withdraw for bank carry cash waka dey very dangerous Na one of the reason wey make Satoshi create Bitcoin. Then talking about this government matter with opay Abi all financial institutions, them don bring back the restriction wey we been dey happy say dem remove just because of the small increase wey dollars take pass Naira Naim dem don start to dey behave anyhow so.

[Josefjix]

Omo e get the way this matter dey go wey everyone dey ignore which is the fact and possibility of actually having nowhere to trade our coins when all these things finally happen where person go run to because those DEX never really get way e go be. Well for now am a bit short sited about this whole matter but what are the possibility say dem go get all these CEX.

Everybody get their own problem for the system. We no suppose to de carry last for anything again because cryptocurrency na our own. Bitcoin na one of the most valuable projects for the system, make we just do everything within our capacity to held u to the legit projects. The adaptation approach of most trades will likely become one of the promising chances. Make we just de push higher for promising results because there's always a reward that awaits those of us that are consistently working for extreme positive measures.

[Fiasem20]

You have to be careful mate. The government are after anything that deal with cryptocurrency please, you should avoid anything that would get you into trouble.

Exactly mate what you said is a actually correct,as we all know that the government is not friendly with any citizen promoting the use of Bitcoin and cryptocurrency so therefore they would look for all possible means to track users in any form.The payment method that looks like an adoption can also be one of the strategy to figure out crypto users in Naija so make every cyptro user maintain a lowkey no go use Bitcoin buy anything whether online or offline anything wey you wan buy convert your coin to Naira and purchase whatever you want to.

[Samlucky O]

You have to be careful mate. The government are after anything that deal with cryptocurrency please, you should avoid anything that would get you into trouble. Now isn't the time to identify your self as a cryptocurrency holder. Those shop you see right now might have to take down some of those Bitcoin postals.
Even though we know quite well that is totally impossible for our government to take down cryptocurrency, we still have to be careful as anyone can be a victim. Once they find a reason to take someone they will do so much to use them as example. I haven't used Bitcoin for any reason to pay for any thing since I started investing. I don't see the need to, since we have options to convert to naira using p2p.

Wettin you talk na true @Hatchy. In as much as Nigeria is concerned now, risk dey to involve ourselves for anything crypto transaction publicly. Since we don know say Nigeria dey find way to track down all crypto related transaction, we sopos calm down for anything we dey do. Some times those shop ft be shop wey dem arrange by some informant, wey wan find people wey dey do bitcoin transaction. Since E be say dem don remove P2P for most of the exchange them fit come out come open shop with bitcoin as payment option since dem know say most people don dey stranded on how to sell their coin, which you fit no no. Emediately you dey do the transaction you go need to write your name for receipt and signature plus phone number by then you don give out you information indirectly. Them fit just use that information find you. Or emediately you leave the shop dem don trace you.so make we just dey careful since the economy just be like this.

[Roseline492]

Well, I went to the mall to buy a smartphone yesterday, and I saw that the shop accepts Bitcoin as a payment method. However, I wanted to pay in Bitcoin, but I couldn't because I am still holding. Although that was my first time to witness a shop accepting Bitcoin as payment in Nigeria, I know that there are stores both online and offline stores that accept Bitcoin payment.

This is not the first time I have seen users in the local board post about a place that accepts bitcoin as a means of payment. Such places have been in existence before, it is just that you’ll hardly see a place around in Nigeria.

You are right even me I have seen people talking about places that accept Bitcoin as method of payment but in Nigeria here is actually difficult to see one considering the government interest on crypto, however considering all this fact is even risky for someone who operate within the country to publicize Bitcoin as the mode of payment because it could draw a lot of attention to that person, actually I'm not against people using Bitcoin as the mode of payment but in Nigeria it could be a risky one except is being done on the indoor instead of publicizing it to everyone.

[Rruchi man]

Well, I went to the mall to buy a smartphone yesterday, and I saw that the shop accepts Bitcoin as a payment method. However, I wanted to pay in Bitcoin, but I couldn't because I am still holding. Although that was my first time to witness a shop accepting Bitcoin as payment in Nigeria, I know that there are stores both online and offline stores that accept Bitcoin payment.

80% of the time, based on my assumptions, these shops were quick to make posters about accepting bitcoins, but if you had tried to make your payment in bitcoins to them for what you wanted, they would have given you some excuses as to why they would not accept bitcoins at that moment, even when the poster was right there.

You fit hear some kind excuses like;
- Our Oga nor dey,
- The phone wey the wallet dey, person just carry am comot etc.
 
All excuses are just to make you choose another mode of payment.

Also, you know that our government has made exchanges their recent targets, making it more difficult for citizens to trade their cryptocurrency to naira. Many businesses that formerly accepted bitcoins and other forms of cryptocurrency, go dey rethink am by now.

This made me more believe that Nigeria is getting closer to the crypto space despite some difficulty with cryptocurrency and CBN. The government can not stop Bitcoin adoption in Nigeria, and even if they try their best people will still invest, sell, trade Bitcoin.

Wait until the government make an example of a few people they would find as culprits. If they send to jail a few people with regards to still involved in trading cryptocurrency, it will discourage many people from cryptocurrency, A lot of people will rather just stop anything regarding cryptocurrency, than want to be very careful so the government does not catch them.

Take the example of the naira spraying case that has recently made Nigerians more careful with spraying the naira at events.

[Ever-young]

80% of the time, based on my assumptions, these shops were quick to make posters about accepting bitcoins, but if you had tried to make your payment in bitcoins to them for what you wanted, they would have given you some excuses as to why they would not accept bitcoins at that moment, even when the poster was right there.

You fit hear some kind excuses like;
- Our Oga nor dey,
- The phone wey the wallet dey, person just carry am comot etc.
 
All excuses are just to make you choose another mode of payment.

Also, you know that our government has made exchanges their recent targets, making it more difficult for citizens to trade their cryptocurrency to naira. Many businesses that formerly accepted bitcoins and other forms of cryptocurrency, go dey rethink am by now.

If you say 80% self you still they give them high rating me self go say up to 90-95% of business way claim to accept crypto no really they accept am, just like the picture way the Op post shop like that be like Callus Miller and some of their phone partners Watin them they really do their be say no be the shop they accept the bitcoin but nah the agent way they represent each of the phone product they accept am and the acceptance no also purely be direct crypto payment but them go want make you pay directly to their exchange account, which most of them they make use of Binance pay way I know of, so if the agent way get the Binance account no they available to attend to the person way wan buy to also give exact amount with him own rate where something go remain for am others way they the shop no go fit handle that process dem need the agent to confirm the money eh no be like direct crypto payment way be say you fit use blockchain confirm if the person truly send or not.

The only place way I don successfully buy gadget come pay with crypto for this country nah for Garrisons (Port harcourt computer village) some for the vendors there they accept crypto payment which I don transact with one of them before when I been go swap my old Samsung phone to new one the balancing way I pay we calculate I transfer Tether to am, diz one nah directly with the shop owner if na their boys they shop that kind transaction no fit happen either cash transfer or no business at all.