The Impact of Bitcoin to Nigeria Economy

[bestcandy]

The significant positive impact of Bitcoin to economic development of Nigeria is undeniable. Many Nigerian today would have been redicle by hunger and poverty because of unavailable job opportunity in the country if not indulging in Bitcoin. It has also played a vital role to enhance human capital and infrastural development in the country which are major leverage to efficient economic improvement sustainability.
Many successful bitcoiner are going into diversification of investment using proceed from bitcoin to invest in other sectors thereby creating job opportunities as well as complying to tasks demand of the government.

[teamsherry]

Well your government states otherwise, haven't you heard about the recent news about crypto been a major source for our currency collapse and how they had to arrest one of Binance representatives that came to Nigeria, p2p has now been a difficult thign in Nigeria since Binance stopped and many people don't know other alternative and this in some way has weakened the adoption going on in Nigeria, well I think that the government has some secret plot against crypto currency in Nigeria, but we would find out soon enough what their real intentions are.

[Ojinga]

The significant positive impact of Bitcoin to economic development of Nigeria is undeniable. Many Nigerian today would have been redicle by hunger and poverty because of unavailable job opportunity in the country if not indulging in Bitcoin. It has also played a vital role to enhance human capital and infrastural development in the country which are major leverage to efficient economic improvement sustainability.
Many successful bitcoiner are going into diversification of investment using proceed from bitcoin to invest in other sectors thereby creating job opportunities as well as complying to tasks demand of the government.

Bitcoin is like a reviver to our economy system and a life savor to the youth's and to the business men in this Nigeria. I won't lie to you Bitcoin have really improve and
change the status of some people in this our country right now, but the government are against them cause of the profit and because of how they're hitting the market. And one thing is that they don't want the youth's to get rich at their younger ages. If they regulate and Centralized Bitcoin fully in this Nigeria that means the economy will be stable and balance in every way.

[Kelward]

Many successful bitcoiner are going into diversification of investment using proceed from bitcoin to invest in other sectors thereby creating job opportunities as well as complying to tasks demand of the government.

Bitcoin investment don make plenty impact for our Nigerian economy, many people especially di youths don enter crypto business in different capacities, weda na for trading or investment levels, dem de make money inside. Person wey get long term business plans, instead to save money inside bank, wey inflation go de devalue am, di best thing na to do DCA method, invest di money inside Bitcoin, within some years e go accrue plenty returns on investment to start di project.

I hope say our government go change dem perspective towards cryptocurrency and understand say no am be di problem of Nigeria, dem fit to regulate di sector, so everybody for di country go understand say na genuine business e be.

[Jegileman]

The significant positive impact of Bitcoin to economic development of Nigeria is undeniable. Many Nigerian today would have been redicle by hunger and poverty because of unavailable job opportunity in the country if not indulging in Bitcoin. It has also played a vital role to enhance human capital and infrastural development in the country which are major leverage to efficient economic improvement sustainability.
Many successful bitcoiner are going into diversification of investment using proceed from bitcoin to invest in other sectors thereby creating job opportunities as well as complying to tasks demand of the government.

It is very clear and evident how bitcoin has really helped a lot of Nigerians in this trying times of downtime economy. This a lot of us who are opportune to be enlightened about bitcoin and able to grab on the opportunities it comes with can say more on how it has helped us in our personal financial life’s.

The government is still yet to see a reason why they should embrace bitcoin and cryptocurrency and have done everything within their capacity to stop Nigerians from engaging in it but the truth is always prevailing. They can’t kill what they don’t have power over and that’s why it still stands and keeps its stand till date.

Bitcoin is here to stay, whether the government likes it or not. They can only regulate it but they can’t stop the people from using it. We have found a way of being financially independent and that is an achievement that every being will want in their lives. What makes you think they can win over the masses that vote them into those positions.

[Mate2237]

It is the youths knows the important of bitcoin in the country economy. Because bitcoin the youths that would have been in the creeks and the forest to disturb the national resources are busy investing or trading and dis government can't use this opportunity to improve well yet to spoiled things back to the worst. Instead they are busy embezzling the national resources to their personal uses. Only dis year bitcoin has helped a lot of people in to country to achieve a lot. Young millionaires are many

[Ever-young]

Many successful bitcoiner are going into diversification of investment using proceed from bitcoin to invest in other sectors thereby creating job opportunities as well as complying to tasks demand of the government.

Bitcoin investment don make plenty impact for our Nigerian economy, many people especially di youths don enter crypto business in different capacities, weda na for trading or investment levels, dem de make money inside. Person wey get long term business plans, instead to save money inside bank, wey inflation go de devalue am, di best thing na to do DCA method, invest di money inside Bitcoin, within some years e go accrue plenty returns on investment to start di project.

I hope say our government go change dem perspective towards cryptocurrency and understand say no am be di problem of Nigeria, dem fit to regulate di sector, so everybody for di country go understand say na genuine business e be.

Na true talk you talk so and I agree with you and Bitcoin don really help people come out from poverty, even people wey go school finish go come out, come learn this crypto from person wey don get the experience enough even though, person no dey understand am finish but e get some people wey get experience wey good to go learn from, and this Bitcoin matter or knowledge don make the high rate of corruption don reduce well well because no body get time to wait make government first bring job or food before they go chop, people now don wise up, mostly our youths today and our government them don know say Bitcoin dey help us but they no just won admit am and my prayer be say no matter how they fight make their plans no come to pass which God go answer our prayer.

[Ever-young]

Many successful bitcoiner are going into diversification of investment using proceed from bitcoin to invest in other sectors thereby creating job opportunities as well as complying to tasks demand of the government.

Bitcoin investment don make plenty impact for our Nigerian economy, many people especially di youths don enter crypto business in different capacities, weda na for trading or investment levels, dem de make money inside. Person wey get long term business plans, instead to save money inside bank, wey inflation go de devalue am, di best thing na to do DCA method, invest di money inside Bitcoin, within some years e go accrue plenty returns on investment to start di project.

I hope say our government go change dem perspective towards cryptocurrency and understand say no am be di problem of Nigeria, dem fit to regulate di sector, so everybody for di country go understand say na genuine business e be.

Na true talk you talk so and I agree with you and Bitcoin don really help people come out from poverty, even people wey go school finish go come out, come learn this crypto from person wey don get the experience enough even though, person no dey understand am finish but e get some people wey get experience wey good to go learn from, and this Bitcoin matter or knowledge don make the high rate of corruption don reduce well well because no body get time to wait make government first bring job or food before they go chop, people now don wise up, mostly our youths today and our government them don know say Bitcoin dey help us but they no just won admit am and my prayer be say no matter how they fight make their plans no come to pass which God go answer our prayer.

[iBaba]

I hope say our government go change dem perspective towards cryptocurrency and understand say no am be di problem of Nigeria, dem fit to regulate di sector, so everybody for di country go understand say na genuine business e be.

The Nigerian government seems to be resistant to revolutionary technological developments the world is experiencing, some because of their lack of exposure and refusal to understand the peculiarities in the country while other reasons are due to the personal interest of the individuals in power.

Cryptocurrency is a revolutionary technological advancement in the world and the earlier the country gets familiar and key into the advantages, the better. I bet that the government will benefit a lot from the Fintech industry especially as billions of people around the world and millions of young people in the country are beneficiaries of the technology. Generating revenue from the regulation of such technology will help the country in the short and long run.

[Churchillvv]

well bitcoin has so many positives impacts in life of many Nigerians, not just bitcoin but cryptocurrency at large has help alot of people generate the said capitals for a good business in the environment but from and obvious look and how our government has been recently turn antii cryptocurrencies with the regulations and how they follow up the crypto space but that not to avail bitcoin is really a good initiative in n the world at large but regardless I don't idolise bitcoin, with out it people would have still been doing well.