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Author Topic: If we had higher magnitude of Crypto adoptors and Literates in our society.  (Read 328 times)
Fiasem20
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May 18, 2024, 08:03:28 PM
 #21

Op you point sef follow but make I yan wetin I think.Whether literate or illiterates crypto users,de government go still do wetin there their mind.You too check am na, Nigeria no suppose dey against crypto transaction because Nigeria sef follow for the countries wey dey promoting crypto transaction.With that reason de government fit just tell CBN to announce Bitcoin legalized for our country but dem dey fear say crypto go replace Naira and Naira no go get value,na today Naira start to lose value.The only thing wey go make Nigerian government adopt crypto transaction na when we get leaders for the top dey trade on crypto wey know the importance otherwise the crypto adopters/literates no go fit help mata because na wetin there their mind na dem go do.

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May 18, 2024, 08:57:32 PM
 #22

Well lemme just say we are talking for talking sake because I myself knows too well that even though we talk to whatever ratio they won't adopt they won't but more its better for us here that knows the knowledge or that crypto-orientated to diverse a means for us to do whatever we want like to bye-cute them and handle our p2p to trade without any limitation and restriction.

The thing is, government doesn't want what would open the eyes of the youth because they knows that in up coming election it would be a deaf ears to them because they knows that youth aren't happy with their operations hence they want to hold the youth captive so they would always dance to their tune whenever they need them for electoral purposes only.

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June 02, 2024, 06:11:13 AM
 #23

Bitcoin has really been a conducive source by which we can process our financial transactions via P2P without the exchange to fiats just to process with the local transaction. And boycotting the barriers by which the government stood as blockage against the citizens and the Crypto exchange by ingnoring using the centralized exchange but making our payments directly on the p2p on non custodial network would had been a good alternative for us but the problem lyes on the quantity of citizens being literates with the digital financial system because as much as I know, there are much more number crypto illiterates in the society which would be a majority aspect for us.

I think this is the weak point where the government caught us captive, they understood that there are over emphasized illiterates in our society and the government are been adamant to structure an educative and civilized society atleast that it could impact to enhance human human resources and infrastructures.
This has in time made me felt like the governments are benefiting from the illiterate being of the people knowing that they do not know the DOs and the DON'Ts and how they can be audible to be defendant.
So if major of the masses in our society has adopted bitcoin or even having a reliable knowledge about it, I don't think if the government would had gone so far opposing the peoples wills over cryptocurrencies.

It's definitely uneasy but how can we as citizens educates ourselves virally because while hoping on the government for our wellbeings, things would keep going astray.
Is there a measure to conquer this government with our decisions over cryptocurrencies? Let's share some thoughts though it could be tough or even impossible. But no offence in trial and bringing of ideals.

OP You have highlighted a crucial point about the importance of crypto literacy in our society. having a higher number of crypto (Bitcoin) adopters and literates can significantly impact how we interact with digital financial systems like Bitcoin. By reducing the dependency on centralized exchanges and embracing peer 2 peer transactions we could potentially overcome obstacles imposed by governments. It's true that the lack of crypto literacy among the majority can be a challenge. Education and awareness about cryptocurrency( Bitcoin) are key to empowering individuals to navigate this advance financial landscape more effectively. Governments play a vital role in promoting literacy and creating an environment that fosters understanding and adoption of new technologies.It's frustrating when governments seem to benefit from people's lack of knowledge about cryptocurrency (Bitcoin). Empowering ourselves with viral education on Bitcoin  could be a game changer. By spreading awareness and knowledge within our community we can potentially influence  government decisions  regarding Bitcoin. It might be a tough battle but sharing ideas and coming together to educate each other could make a difference.
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June 02, 2024, 09:52:47 PM
 #24

Bitcoin has really been a conducive source by which we can process our financial transactions via P2P without the exchange to fiats just to process with the local transaction. And boycotting the barriers by which the government stood as blockage against the citizens and the Crypto exchange by ingnoring using the centralized exchange but making our payments directly on the p2p on non custodial network would had been a good alternative for us but the problem lyes on the quantity of citizens being literates with the digital financial system because as much as I know, there are much more number crypto illiterates in the society which would be a majority aspect for us.

I think this is the weak point where the government caught us captive, they understood that there are over emphasized illiterates in our society and the government are been adamant to structure an educative and civilized society atleast that it could impact to enhance human human resources and infrastructures.
This has in time made me felt like the governments are benefiting from the illiterate being of the people knowing that they do not know the DOs and the DON'Ts and how they can be audible to be defendant.
So if major of the masses in our society has adopted bitcoin or even having a reliable knowledge about it, I don't think if the government would had gone so far opposing the peoples wills over cryptocurrencies.

It's definitely uneasy but how can we as citizens educates ourselves virally because while hoping on the government for our wellbeings, things would keep going astray.
Is there a measure to conquer this government with our decisions over cryptocurrencies? Let's share some thoughts though it could be tough or even impossible. But no offence in trial and bringing of ideals.

OP You have highlighted a crucial point about the importance of crypto literacy in our society. having a higher number of crypto (Bitcoin) adopters and literates can significantly impact how we interact with digital financial systems like Bitcoin. By reducing the dependency on centralized exchanges and embracing peer 2 peer transactions we could potentially overcome obstacles imposed by governments. It's true that the lack of crypto literacy among the majority can be a challenge. Education and awareness about cryptocurrency( Bitcoin) are key to empowering individuals to navigate this advance financial landscape more effectively. Governments play a vital role in promoting literacy and creating an environment that fosters understanding and adoption of new technologies.It's frustrating when governments seem to benefit from people's lack of knowledge about cryptocurrency (Bitcoin). Empowering ourselves with viral education on Bitcoin  could be a game changer. By spreading awareness and knowledge within our community we can potentially influence  government decisions  regarding Bitcoin. It might be a tough battle but sharing ideas and coming together to educate each other could make a difference.
I don't understand your idea brother, but as it seems now with the current situation of the country, even possessing Bitcoin knowledge can be of great danger to you because the government have so crafted the system that they have installed fear in the heart of many crypto users making it feel as if the use of cryptocurrency is something that is causing the system a problem while the major issues itself is left to haunt and still destroy things in the country and they have pinned all the struggles of the financial sector to one particular happening thing that hasn't gotten the slightest of invention or addiction to the problems of the country itself.

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sotelorene
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June 03, 2024, 11:32:50 AM
 #25

Bitcoin has really been a conducive source by which we can process our financial transactions via P2P without the exchange to fiats just to process with the local transaction. And boycotting the barriers by which the government stood as blockage against the citizens and the Crypto exchange by ingnoring using the centralized exchange but making our payments directly on the p2p on non custodial network would had been a good alternative for us but the problem lyes on the quantity of citizens being literates with the digital financial system because as much as I know, there are much more number crypto illiterates in the society which would be a majority aspect for us.

I think this is the weak point where the government caught us captive, they understood that there are over emphasized illiterates in our society and the government are been adamant to structure an educative and civilized society atleast that it could impact to enhance human human resources and infrastructures.
This has in time made me felt like the governments are benefiting from the illiterate being of the people knowing that they do not know the DOs and the DON'Ts and how they can be audible to be defendant.
So if major of the masses in our society has adopted bitcoin or even having a reliable knowledge about it, I don't think if the government would had gone so far opposing the peoples wills over cryptocurrencies.

It's definitely uneasy but how can we as citizens educates ourselves virally because while hoping on the government for our wellbeings, things would keep going astray.
Is there a measure to conquer this government with our decisions over cryptocurrencies? Let's share some thoughts though it could be tough or even impossible. But no offence in trial and bringing of ideals.



You are absolutely correct to an extent but I don't think the reason why Government is behaving this way is because of the rate of unlearned crypto persons in the country cause even if we have more number of crypto literate I don't think it will stop the Government from doing what they want to do or even if everyone is a crypto literate it can not still stop the Government and off course everyone can never be a crypto literate. This bad economy we are experiencing now in the country, will you say there are not learned people who can speak for the masses of course there's but the Government chooses to keep it that way  cause they know what they are benefiting from the economy.

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June 05, 2024, 09:46:11 AM
 #26

Well lemme just say we are talking for talking sake because I myself knows too well that even though we talk to whatever ratio they won't adopt they won't but more its better for us here that knows the knowledge or that crypto-orientated to diverse a means for us to do whatever we want like to bye-cute them and handle our p2p to trade without any limitation and restriction.

The thing is, government doesn't want what would open the eyes of the youth because they knows that in up coming election it would be a deaf ears to them because they knows that youth aren't happy with their operations hence they want to hold the youth captive so they would always dance to their tune whenever they need them for electoral purposes only.

I get your own view too but the fact is that we already in the crypto industry knows the potential needs if we've more crypto adoptors in the society, it'd not only add values to the digital currency on the basis that it's an investment technology but also how we can actualize the alternative of mess for payments. So if we've more adoptors we wouldn't be much stressing on transacting on the Centralized exchange where the government has power to decision making unlike the decentralized exchanges.
That's the only way we can manoeuvre this ugly situation. Let's not also underrate the power of the government.

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