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Author Topic: Better Bitcoin experience with BTM.  (Read 57 times)
Jon pyagbara (OP)
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May 08, 2024, 06:54:42 PM
 #1


Bitcoin teller machine (BTM) Na Bitcoin machine wey dey work just exactly the way wey ATM machine they work, just that BTM Na for Bitcoin.
BTM Na one machine wey go go well if them introduce am for our country Nigeria, like other countries like USA, India, Germany and Canada done also introduce am for their country.
Nigeria Na fast growing country wen it comed to crypto currencies especially Bitcoin, with an estimated crypto market value of about $57bn, this value show say Nigeria they actively participate in crypto currency especially Bitcoin,
If we get BTM users go fit buy and transact Bitcoin anytime they want, as e dey 24/7 available. And e also get user friendly interface with better security to secure your Bitcoin for wallet, so if them introduce am for our country I they sure say e go take this Bitcoin experience to   another new level,  my people how una see am.
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May 08, 2024, 07:24:03 PM
 #2

BTM Na one machine wey go go well if them introduce am for our country Nigeria, like other countries like USA, India, Germany and Canada done also introduce am for their country.
Nigeria Na fast growing country wen it comed to crypto currencies especially Bitcoin, with an estimated crypto market value of about $57bn, this value show say Nigeria they actively participate in crypto currency especially Bitcoin,
If we get BTM users go fit buy and transact Bitcoin anytime they want, as e dey 24/7 available.

In as much as the machine may seem good but I wonder why you would come up with the idea or suggestion of introducing the machine to Nigeria when you currently know the federal government perceptions on crypto, the idea can only work in countries cryptos are very comon to everyone but totally not a county like Nigeria because left with our government alone if they should have the privilege to have access on all the Nigerians who are into crypto they would have banned everyone, so perhaps introducing the machine you are talking about is like publicizing to the whole country that you into crypto.

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May 08, 2024, 07:24:40 PM
 #3

BTM Na one machine wey go go well if them introduce am for our country Nigeria, like other countries like USA, India, Germany and Canada done also introduce am for their country.
There are two in Lagos.

https://coinatmradar.com/country/156/bitcoin-atm-nigeria/

Nigeria Na fast growing country wen it comed to crypto currencies especially Bitcoin, with an estimated crypto market value of about $57bn, this value show say Nigeria they actively participate in crypto currency especially Bitcoin,
The transaction fee are too expensive. Nigerians like cheap transactions. This could be the reason bitcoin ATM is not well adopted in Nigeria. We prefer exchanges and P2P.

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May 09, 2024, 08:01:20 PM
 #4


Bitcoin teller machine (BTM) Na Bitcoin machine wey dey work just exactly the way wey ATM machine they work, just that BTM Na for Bitcoin.
BTM Na one machine wey go go well if them introduce am for our country Nigeria, like other countries like USA, India, Germany and Canada done also introduce am for their country.
Nigeria Na fast growing country wen it comed to crypto currencies especially Bitcoin, with an estimated crypto market value of about $57bn, this value show say Nigeria they actively participate in crypto currency especially Bitcoin,
If we get BTM users go fit buy and transact Bitcoin anytime they want, as e dey 24/7 available. And e also get user friendly interface with better security to secure your Bitcoin for wallet, so if them introduce am for our country I they sure say e go take this Bitcoin experience to   another new level,  my people how una see am.
Bitcoin have played major roles in other developed country but for Nigeria, there's basically no such good news except for top whales and traders in the market. Introducing Bitcoin Teller Machine to Nigeria? I just de laugh because the current 9ja wey we all know de in deep struggles. Besides the current government de fight any activity related to crypto, the government de make sure say e no get head at all. The government wey don ban P2P on binance and this time dem de target to remove e-naira wey b our digital currency from the market. I think the government are more concerned with little events and actually leaving out on the main problems to tackle which is the high ratio of unemployment in the country. Nigeria is in ruins currently.


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AVE5
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May 10, 2024, 12:49:17 PM
 #5

That's a dream not seeing to come through yet and can't even be a hopeful because we don't have the security infrastructures to assure the Bitcoin Automated Teller Machine.
Let's just keep aside how our government has not been encouraging to bitcoin the the other Crypto coins to excel not just to distabilize the success of the crypto exchange platforms as much as frustrating the masses with the digital invent. So let's consider the factor that our fiats ATMs are being invaded, banks being facing robberies and how citizens are being attacked along familiar and strange places forcing us to pay ransome by asking us to transfer our funds in the bank to them.

Let's assume the visual impact of seeing someone leaving the bank of the fiats ATMS, I guess we'd all believe it was all for the reasons of financial transactions, huh? That's just how risky the Bitcoin ATM will put us to dangers as far as there's no adequate security measures in our here societies.
Even the fiats robbery attacks could be likely to be tolerated than being robbed of your bitcoin which comprises of your savings and same time as your assets while your money in the bank could only be your savings that doesn't serve as assets.
So that means more lost would be counted in bitcoin that the fiats at such scenario.
So, Op, the level of how much we're rated over bitcoin and Crypto adoptions isn't up to that level yet if we don't contradict the fact that our government is not helping matters relatively with the crypto industries.

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May 10, 2024, 02:35:44 PM
 #6


Bitcoin teller machine (BTM) Na Bitcoin machine wey dey work just exactly the way wey ATM machine they work, just that BTM Na for Bitcoin.
BTM Na one machine wey go go well if them introduce am for our country Nigeria, like other countries like USA, India, Germany and Canada done also introduce am for their country.
Nigeria Na fast growing country wen it comed to crypto currencies especially Bitcoin, with an estimated crypto market value of about $57bn, this value show say Nigeria they actively participate in crypto currency especially Bitcoin,
If we get BTM users go fit buy and transact Bitcoin anytime they want, as e dey 24/7 available. And e also get user friendly interface with better security to secure your Bitcoin for wallet, so if them introduce am for our country I they sure say e go take this Bitcoin experience to   another new level,  my people how una see am.
The bitcoin ATM machine good oh but no be for countries wey dey against cryptocurrency transaction.Just like the way the CBN and government officials dey against cryptocurrency transaction if dem just bring this Bitcoin ATM machine come Naija e go just dey easy for the government to figure out cyptro enthusiast for Naija.This machine go good for countries wey no dey against cryptocurrency.Even if Nigeria don dey friendly to cryptocurrency,most Nigerians go still prefer the p2p platform just like @Charles- Tim talk say this Bitcoin ATM machine transaction fee high so dat one sef fit discourage person not to use am
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