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Author Topic: El Salvador and Pakistan signs crypto tie agreement: things Nigeria can emulate  (Read 72 times)
Joy_learns_crypto (OP)
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July 18, 2025, 10:27:43 AM
 #1

So according to https://www.bloomberg.com/news/articles/2025-07-16/pakistan-el-salvador-establish-bilateral-ties-based-on-crypto Pakistan and El Salvador has signed agreement to boost their cryptocurrency ties.

While other countries are Networking, meeting other nations on how they can become a better nation, Nigeria’s governments and politicians Dey think of how they go win 2027 elections.

Pakistan and El Salvador don show say their interest for cryptocurrency is unshakable. They have been able to use cryptocurrency for the good of their nation and now them Dey go even further to use cryptocurrency in creating ties between themselves.

Part of the things I love to read from the article is that Pakistan has an official position called chief executive of Pakistan Crypto council and special assistant to Pakistan’s prime minister on crypto and blockchain. This position is occupied by Bills Bin Saqib. This is how connected their nation is to Cryptocurrency.

The US recently passed a cryptocurrency bill in their parliament so the cryptocurrency interest Dey hot everywhere.

Nigeria be like a ship with many sinking hole, it will take a lot of time to patch it all up but Cryptocurrency can be a life line for the ship to stay afloat for a long time while other areas are under work. The people of Nigeria Dey interested in cryptocurrency it will be an easy transition for the government to shift attention to cryptocurrency if they seriously want to.

fredericktaylor
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July 19, 2025, 06:36:48 AM
 #2

Nigeria be like a ship with many sinking hole, it will take a lot of time to patch it all up but Cryptocurrency can be a life line for the ship to stay afloat for a long time while other areas are under work. The people of Nigeria Dey interested in cryptocurrency it will be an easy transition for the government to shift attention to cryptocurrency if they seriously want to.

El Salvador and Pakistan have signed a cryptocurrency agreement thinking about the future of the country and its people. To build a fully digital country, Bitcoin is needed. They have understood that the future of Bitcoin has bright prospects. I have seen that those who want to do something for the country and think about the future of the country are desperate to accept Bitcoin. We are aware of Bitcoin, but our country's government has no worries about it. It is true that the government cannot change the country just by wanting to, but thinking about the future of the country, the government can take some specific steps if it wants. The government of our country should understand why our country will lag behind while all countries are slowly starting the process of accepting Bitcoin. I think the longer the government delays in starting the process of accepting Bitcoin, the more our country's economic suffering will increase.

Rruchi man
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July 19, 2025, 06:56:48 AM
 #3

Nigeria be like a ship with many sinking hole, it will take a lot of time to patch it all up but Cryptocurrency can be a life line for the ship to stay afloat for a long time while other areas are under work.
This sounds ambiguous. How can cryptocurrency be a lifeline in this context?

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Joy_learns_crypto (OP)
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July 19, 2025, 07:01:27 PM
 #4

Nigeria be like a ship with many sinking hole, it will take a lot of time to patch it all up but Cryptocurrency can be a life line for the ship to stay afloat for a long time while other areas are under work.
This sounds ambiguous. How can cryptocurrency be a lifeline in this context?
If our country be developed country or country way Dey even give development a chance then it would be ambiguous. But Nigeria is already in shambles, nothing is working, the economy is down and under, hope is something we can only dream off, yes Cryptocurrency can be a lifeline for a country like ours that has nothing to cling on yet. Cryptocurrency has helped El Salvador so it fit also be our lifeline if we can harness the energy, opportunity and power.

Rruchi man
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July 20, 2025, 03:16:18 PM
 #5

Nigeria be like a ship with many sinking hole, it will take a lot of time to patch it all up but Cryptocurrency can be a life line for the ship to stay afloat for a long time while other areas are under work.
This sounds ambiguous. How can cryptocurrency be a lifeline in this context?
If our country be developed country or country way Dey even give development a chance then it would be ambiguous. But Nigeria is already in shambles, nothing is working, the economy is down and under, hope is something we can only dream off, yes Cryptocurrency can be a lifeline for a country like ours that has nothing to cling on yet. Cryptocurrency has helped El Salvador so it fit also be our lifeline if we can harness the energy, opportunity and power.
As you mentioned El Salvador, I became more certain that you really did not follow up with El Salvador and their adoption of cryptocurrency. The purpose or reason for the adoption in El Salvador was not fully achieved, their target was not met, and although there were some positive outcomes from the adoption, it was not a total success, as it did not have the expected outcome on their economy.

Cryptocurrency adoption is not a magic wand against a failing economy.

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