BTC fit be safe haven in case global conflict damage traditional money systems.

[Faazs]

We sabi as how our currency sabi loose value,, what if global conflict where fit scatter traditional banking systems happen, and conflicts like dat go further destroy the value of the currency, but with Bitcoin e go dey different as we sabi say the coin they limited to 21 million coins and so inflation knw fit worry am unlike the naira and so any money kept their go dey sharp in instance of war occuring where the naira go just dey fall.

And again knw restrictions,we sabi say if global conflict occur government fit place restrictions on traditional financial systems but with Bitcoin nothing like that ur money go dey cross borders and without limits or restrictions.

Plus our money dey held digitally and we fit carry am go anywhere we want to, nah advantage where holding Bitcoin fit give person in case something like this occurs , though we are not praying for it ,but we have to be prepared if something like dis come go happen.

But some challenges still dey sha like , internet fit shutdown, price fit dey volatile  and also government restrictions on crypto. With these challenges shey Bitcoin fit help us in case a problem like this ever comes to light.

[Pablo-wood]

How we go do volatility? How we go do inconsistency in exchange rate. Many persons go dey run at loss on a daily base. Bitcoin get fix supply, e get good prospects which I go recommend for investment but you see as legal tender, hmm many business fit collapse or most businesses go wan hyke prices of commodities just to balance up with the volatility. Imagine you buy commodity when price of 1btc to USD na $67k and when you wan sell price drop to $65k first the business dey at loss.

The only way e fit balance na if BTC go become en own base currency such that e no dey derive equivalent from fiat (USD) that way things fit balance and business go smile as often as possible as their business dey go on.

[Akaenyi]

Bitcoin is a safe haven for everybody who wants total privacy and freedom for their money both in peace time and where there are conflicts and wars. I heard somewhere that the sudden uptrend in price last week after price was struggling to breakthrough $70k was because Iranians were liquidating their assets and buying Bitcoin. It shows that in times of wars and crisis in a country or a global downturn people can turn to Bitcoin which is a decentralized currency which no country or economy can control.

The only disadvantage that I see if a local crisis were to occur in a country or a global war is internet shutdown, we need internet connection to send and receive Bitcoin. If buyers and sellers of Bitcoin doesn't find alternative means to do their transactions they will be forced to look for safe locations where internet will be available.

[Solodoski]

Without the global conflict, our Naira already loses value in the process of stabilizing it The traditional monetary system is not as effective as before. If Nigerian do not partake in geopolitics, we wont have a problem in how the the traditional system fully operate. What may be of concern is inflation. The price of good and services we import will increase significantly, the naira will lose value more. We already dy experience price they increase wel wel, starting with fuel price. Our president done already shift to solar energy for Asorock. E no need the national grid again.

[Ambatman]

When you said internet shutdown I just recalled the situation in Iran with their net shutdown
And volatility remains an issue
Hence why many prefer Gold over Bitcoin during such crisis.
Bitcoin for long run but short run not really
Though historically Bitcoin does perform well during crisis.

[Jubilee58]

Keeping our money in Bitcoin is still the best, if there is global conflict, Bitcoin price can be volatile and can also fluctuate rapidly, but this only for a moment, it can also bounce back very sharply.
In the case of the fiat currency, government policies will heavily impact on the fiat currency, and if the government policy is not favourable, inflation will possibly take over , making the fiat currency to loose value drastically.
Bitcoin is a safe haven, bitcoin have encountered global adversity and turmoil and yet, Bitcoin survived. So, Bitcoin is capable of reviving once a global conflict is over.