Will Bitcoin have a chance in Nigeria if?..

[Majestic-milf]

If these big investors like Dangote, Tony Elumelu and others really accept to invest in Bitcoin, this will give the public more edge to trust and invest in Bitcoin in Nigeria including foreign and smaller/local investors in Nigeria and will still affect the government decision in making bitcoin a legal tender in Nigeria but we know that the Nigerian government will definitely find a way to gain from this and if its not favourable to the citizens, we might just continue like this after all we don't really have much challenges in using bitcoin in Nigeria.

This nah areas wey really need consideration because with the way naira dey drop due to lack of foreign investors wey wan invest in the country, if e come dey accepted, e go boost the morale of not only the foreign but the local investors as well because as at now nothing come out for the naira again and instead nah the poor masses dey suffer as value no dey the moni again. E get were I suggest weda we fit pair Bitcoin usage with the naira as El Salvador do but then again our Govt no dey like beta thing..

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[Benedictare]

For now no body knows the time,but I think it will have  a chance because of the way the economy is shrinking base on the inflation in other for it to stabilize .
  After the ban pronouncement by CBN in February 2021,then at October 2021 Nigeria set to pass a bill to I know Bitcoin and cryptocurencies .
 
 The reason is that Nigeria's eNaira bearly obtain 0.5 percent adoption rate after its lunch,by December 18 2021 it was reported by the Nigeria Punch Newspaper following an interview with a member house of representative committee on capital market chairman Babangida Ibrahim that the government will pass a law which will know  Bitcoin and cryptocurency as a way to be updated with the world practices, trends and development in capital market, he said  for cryptocurency and other digital money as capital for investment to be known by local securities and exchange commission, and the investment and security Act 2007(Amendment) Bill should be signed, into law.
 
Secondly following the ban of Bitcoin in February 2021,all efforts of rhe Nigeria government to break down cryptocurency activities initially were not effective too which made the adoption getting high, Nigeria also came in discussion with  crypto exchange Binance in September 2022 to make a crypto friendly economic zone that will help crypto and Block -chain business in the country.   

[Zigabel]

Our government no dey friendly with Bitcoin or cryptocurrency at all na y dem go create e Naira in oda to use an fight cryptocurrency, at first dem been dey fight to dey control Bitcoin and cryptocurrency but when dem com see say dem no fit control am say d powered no dey dia hands or even Nigerian user's had dem go do wetin dem feel say go be better alternative.

All dos big oga dem no go gree invest for Bitcoin or crypto or maybe dem dey do am secretly becos if dem come do am openly, the government go fight dem and most of dem na government illegal money dey help dis business so dem no fit put body for wetin government dey fight make e no com be like say dem dey follow fight government, na why all d bank dem and all dis pipo dem com agree to dey use e-naira dan to use crypto. D funny tin be say dis pipo no say if dem adopt crypto e go help we economy well but dem no say e go benefit youths more so because dem dey always fight youths dem no go wan gree, dem go want  make youths still dey depend on dem every time and dey under dia control, and dem know say crypto go benefit dem too so I feel say dem dey into am secretly.

[Bitco55]

After El Salvador and the Central African Republic, some countries were predicted to adopt Bitcoin as their legal tender also and our country, the one and only, Nigeria came in 16th. Meaning, there's still a chance, but prophecy and strategy no be the same thing. Them fit predict make government no do anything, no plan anything and nothing go happen. Nigeria's government and businessmen gain from inflation. In fact, that's the only importance of inflation, as the prices of goods increase their profit also increases, making the common man the scapegoat. 

As for Dangote investing in Bitcoin, I don't want to believe someone that rich still lives in the industrial world or has bad advisers. One of the characteristics of wealthy business men is that they are ready to take risks and ready to invest in anything with interest, ready to embrace new things and innovation. So, I'll just believe he has bitcoins but has never publicly announced it before.

[Fivestar4everMVP]

The government of Nigeria, are nothing but afraid that bitcoin and cryptocurrencies in general will destroy our central banking system in the country if they give the usage of bitcoin and cryptocurrencies an official green light.
This is why they invented and created e-naira in the first place, which unfortunately, the higher number of people in the country have shunned and refused to make us of.
The government of Nigeria have made several moves to see if they can shift people's attention from bitcoin and cryptocurrencies in general to pay more attention to our local naira, but unfortunately for them, all this move failed, simply because, bitcoin is too unique to be compared to fiat, even a blind man will know the difference without being told.

Right now, the Nigerian government has come to the realization that they can't stop the citizens from getting involved in bitcoin, what I think they are waiting for before they finally give bitcoin an official green light in the country is, for some other countries with better economy than Nigeria to give bitcoin a green light first, most especially USA, we all know say our government dey like to copy things from USA very much.

[GiftedMAN]

If these big investors like Dangote, Tony Elumelu and others really accept to invest in Bitcoin, this will give the public more edge to trust and invest in Bitcoin in Nigeria including foreign and smaller/local investors in Nigeria and will still affect the government decision in making bitcoin a legal tender in Nigeria but we know that the Nigerian government will definitely find a way to gain from this and if its not favourable to the citizens, we might just continue like this after all we don't really have much challenges in using bitcoin in Nigeria.

I wan let you know say the people wey get the  names wey you mention now for our country naija no fit come out  publicly come announce say them wam support Bitcoin investment for our country because them they work with our government hand to hand and them no fit say yes or invest for wetin our government dey against otherwise them go get big issues for their companies. You no lie if Bitcoin becomes legal tender for Nigeria, e go attract so many investors and more employment opportunities go dey too but e go make most of the youths wey get Bitcoin knowledge to shift their dependency on the help of the government which is the major reason why government is against the acceptance of Bitcoin as a legal tender in the country. Make we just dey do our hide and sick kind of Bitcoin usage for the country until things change for better.

[Majestic-milf]

You no lie if Bitcoin becomes legal tender for Nigeria, e go attract so many investors and more employment opportunities go dey too but e go make most of the youths wey get Bitcoin knowledge to shift their dependency on the help of the government which is the major reason why government is against the acceptance of Bitcoin as a legal tender in the country. Make we just dey do our hide and sick kind of Bitcoin usage for the country until things change for better.

No be lie you talk for here. Already Bitcoin is seen as a threat by them and to come totally comot the small one wey dem dey use deceive the youths especially when it comes to election period of ensuring massive job opportunities the moment them enter if them accept am as legal tender go be much of a challenge. Wetin make me feel say these oga dem get say on the matter of Bitcoin nah be say as their businesses dey here, e dey also help contribute to the GDP of the country so I no sure say the president go easily manipulate them. Secondly, since we naira dey drop rapidly, although now e don dey get small head, them fit suggest a pairing, so Bitcoin fit act as buffer but the question we need answers to nah, them go gree let selfishness free dem unto say them no dey use the naira much and do am for those wey no so get access to the president ear?