Bitcoin will save you from the next regime or continuation of this government

[NurseHub]

From what we can see happening in our government today, it seems that there is no hope for changes or economic reversion instead we will probably have more financial crisis in Nigeria for the next four years or plus hence bitcoin being in the bear season now have given another opportunity to those of us who are exposed to bitcoin related activities, hence it will be better that we make savings in bitcoin than in naira as the value of naira will probably drop or economic hardship could affect the value of money here but if we consider bitcoin and have it as store of value as the economy gets harder your bitcoin willm become higher in value too, matching your responsibility and your financial on the same level, that is an edge against Nigeria inflation in the coming years, what do you guys think?

[Ambatman]

Bitcoin is currently outperforming Gold amid world crisis
Which is almost like a first.
The sad truth about Nigeria na de fact same e dey b like we dey always miss the past president
When new one don come.
Inflation constant foe naija
So na normal thing for price of goods to go up
Save in Bitcoin rather than in Naira.

[Josefjix]

The only to fit win this battle all together is to find way earn in dollars and Bitcoin, the economy of different countries are having issues as well but people that earns in the foreign currency can boldly survive not only Bitcoin.

Bitcoin investment had been saving from day one, but who knows this trick, only you and I and other members on the forum knows it, not everyone is aware of this information, some people are still finding it difficult to follow up in the dollar lifestyle which is the new way of survival in many underdeveloped countries.

[IceLincoln]

Normally wetin you Dey talk OP na one of the advantages of bitcoin already. For this our country and with the situation of things, Government no care about us, na you go save yourself. One of the ways na to find way dey store your money for bitcoin or dollars and try to improve your income too. One source of income nogo fit sustain man for this country.
Bitcoin can only save us financially and economically but from all the other lapses of this government, bitcoin can’t save you unless you use your money to move out of the Nation.

[NurseHub]

Bitcoin is currently outperforming Gold amid world crisis
Which is almost like a first.
The sad truth about Nigeria na de fact same e dey b like we dey always miss the past president
When new one don come.
Inflation constant foe naija
So na normal thing for price of goods to go up
Save in Bitcoin rather than in Naira.

Exactly, I no really sure say na the first time wey bitcoin dey do well when the world dey in crisis sha because I believe say other crisis self don happen wey no be war like this like economic issues for the world wey affect other asset but no affect bitcoin
 
And na true say for Nigeria we dey always miss the past president when new presidency emerge and that thing dey very annoying, instead of solutions we dey always get more problems. but anyhow e be the advise for the next 4 years be say buy bitcoin now and the next four years wey we go get another tenure of bad leadership you no go regret or feel am too much because your bitcoin go down give you enough return for the next bull run.

[Odogwu-Blockchain]

And na true say for Nigeria we dey always miss the past president when new presidency emerge and that thing dey very annoying, instead of solutions we dey always get more problems. but anyhow e be the advise for the next 4 years be say buy bitcoin now and the next four years wey we go get another tenure of bad leadership you no go regret or feel am too much because your bitcoin go down give you enough return for the next bull run.

I could agree to what Josefix said, that earning in dollars or Bitcoin is the only surest way to go about it, Naira cannot give you what exactly you looking for and can never beat inflation at all. To be frank eh, the only people wey no dey too feel this hardship na Bitcoin earners, dollar earners either legal or illegal earnings.

[Olotu20]

From what we can see happening in our government today, it seems that there is no hope for changes or economic reversion instead we will probably have more financial crisis in Nigeria for the next four years or plus hence bitcoin being in the bear season now have given another opportunity to those of us who are exposed to bitcoin related activities, hence it will be better that we make savings in bitcoin than in naira as the value of naira will probably drop or economic hardship could affect the value of money here but if we consider bitcoin and have it as store of value as the economy gets harder your bitcoin willm become higher in value too, matching your responsibility and your financial on the same level, that is an edge against Nigeria inflation in the coming years, what do you guys think?

OP you sound to me like a prophet because, it's only a prophet that can say things clearly this way in this present regime we found ourselves in the country. With the level of economic, hardship that Nigeria is passing through currently it's obvious and clear to everyone that, there is no hope for the common man. This is as a result of the economic policies and programs that this present regime seems to be passing and implementing, all the policies that this government has implemented are anti developmental to the economic development of Nigeria as a country. From what I see coming even though the Naira has been stable for a while when compared against the dollar but I see the Naira been further devalued, With the present economic realities that we found ourselves in the country we don't need a prophet to tell us that bitcoin is the way forward because, Bitcoin is an edge against the effects of inflation.

[Doan9269]

We don't have to wait upon our government since we already know the way to an alternative by Bitcoin adoption, this is all about a decentralized digital network and how we could be more oriented towards ensuring that we gamble to the best of our personal interest, we don't have to wait for the government to help out on this, instead, we had to be more self dependent and have the consciousness of been aware that we are mostly expected to be self sustainable in life, we are done with the era of being dependent.

[SmartCharpa]

From what we can see happening in our government today, it seems that there is no hope for changes or economic reversion instead we will probably have more financial crisis in Nigeria for the next four years or plus hence bitcoin being in the bear season now have given another opportunity to those of us who are exposed to bitcoin related activities, hence it will be better that we make savings in bitcoin than in naira as the value of naira will probably drop or economic hardship could affect the value of money here but if we consider bitcoin and have it as store of value as the economy gets harder your bitcoin willm become higher in value too, matching your responsibility and your financial on the same level, that is an edge against Nigeria inflation in the coming years, what do you guys think?

How much is the price of fuel in your area? From removing the fuel subsidy, look at what we are facing in this country. The problem is that we depend on this government too much and as a citizen of the country, we have nothing to do about it whether they listen to us or not. We voted them in that position, but look at the way they are treating us, when fuel price was below 1k naira, it was manageable, even common people they afford to buy am, but now getting to 1,500 naira.

The funny thing is that, we dey always missed the past president after the new president show us better shege. Many people have missed the Buhari regime, they wish they didn’t vote tinubu in that 2023 election, but I won’t be surprised if the next president is worse than him. However, only those who understand the value of Bitcoin will buy and hold for the future purpose, if not no any hope of changes for this country.

[Wiwo]

From what we can see happening in our government today, it seems that there is no hope for changes or economic reversion instead we will probably have more financial crisis in Nigeria for the next four years or plus hence bitcoin being in the bear season now have given another opportunity to those of us who are exposed to bitcoin related activities, hence it will be better that we make savings in bitcoin than in naira as the value of naira will probably drop or economic hardship could affect the value of money here but if we consider bitcoin and have it as store of value as the economy gets harder your bitcoin willm become higher in value too, matching your responsibility and your financial on the same level, that is an edge against Nigeria inflation in the coming years, what do you guys think?

Let be truthful to ourselves, and point out things objectively as regards to this government activities and how well bitcoin can position us against the financial burden that comes with this regime, the one thing we can applus or notice as this administration is the fact that Naira have being performing greatly since this administration came onboard, even though we don't see the results of that gain of naira on the price of goods in our local market.

Making bitcoin savings is good, but definitely at some point, you can still have hard financial life with bitcoin investment if the government take decisions in the domestic market that affects the value of naira to gain significantly against the US dollar, imagine those that sold their bitcoin when naira to dollar exchange rates was around #1800 that was over two years now compared to those that are selling their bitcoin at the current naira rates, you will see that person that sold two years ago make more profits.

Such is the outcome that the government's efforts and decisions can affect your bitcoin savings, future uncertainty should be carefully acknowledged.

[Joy_learns_crypto]

From what we can see happening in our government today, it seems that there is no hope for changes or economic reversion instead we will probably have more financial crisis in Nigeria for the next four years or plus hence bitcoin being in the bear season now have given another opportunity to those of us who are exposed to bitcoin related activities, hence it will be better that we make savings in bitcoin than in naira as the value of naira will probably drop or economic hardship could affect the value of money here but if we consider bitcoin and have it as store of value as the economy gets harder your bitcoin willm become higher in value too, matching your responsibility and your financial on the same level, that is an edge against Nigeria inflation in the coming years, what do you guys think?

Bitcoin will not drop the fuel price in a corrupt regime like this Tinubu regime, bitcoin will not stop the embezzlement from our politicians, bitcoin will not stop the constant power outage we face.
Bitcoin will not save you from the next regime I say that because even if you invest in bitcoin and it goes up you will still face the consequences of a bad regime in Nigeria.
Bitcoin will be good for you independence but how about insecurity?

[Gost ms]

Bitcoin will probably be the most beneficial for every Nigerian person in the future compared to people in other countries. Because our financial system is not that good at the moment and we may not see much good in the coming years. If we invest a large part of our income or our discretionary income in Bitcoin at the moment, then we may expect to enjoy much more benefits than all the others in the future.

If we observe, we will see how much the inflation rate of our country is increasing day by day, not only in our country but in every country but in our country it is comparatively a little higher. If it continues to increase in the same way, our economic position will become much worse. If we survive and take Bitcoin to avoid this bad situation, it will be the best and most convenient plan for us.

[CryptoHeadlineNews]

From what we can see happening in our government today, it seems that there is no hope for changes or economic reversion instead we will probably have more financial crisis in Nigeria for the next four years or plus hence bitcoin being in the bear season now have given another opportunity to those of us who are exposed to bitcoin related activities, hence it will be better that we make savings in bitcoin than in naira as the value of naira will probably drop or economic hardship could affect the value of money here but if we consider bitcoin and have it as store of value as the economy gets harder your bitcoin willm become higher in value too, matching your responsibility and your financial on the same level, that is an edge against Nigeria inflation in the coming years, what do you guys think?

You actually have a good point of people prioritizing their investments in Bitcoin rather than our traditional banks where we have absolutely no control over our funds. And also compared to the inflations that affects our Naira currency, always making it weaker to dollar after every time our government makes policies that doesn't favour the general public. Because before this President Bola Admed Tinubu administration came into power, we could all remember how $1 was equal to #500 Naira, but now that same $1 is now equal to #1400,  which is over 300% increase, while yet the economy of the country still remains backward. So prioritizing investing in Bitcoin now that it's value is still low is actually the best financial decision anybody can do today.

[Nathrixxx]

Bitcoin will always be a rescue at point of need because it does not respect the policy of an administration or government rule, this is where we always call it a decentralized digital currency, because it was not been overseen by any government regulation, so this is more of how we can take advantage of Bitcoin now and tomorrow or even in the future, because it's relevance will always remain as the value appreciate and we can't afford missing out opportunities as time goes on without investing, irrespective of the government regime in power does not affect or determine our investment with Bitcoin.

[Bryan jessy]

Bitcoin is currently outperforming Gold amid world crisis
Which is almost like a first.
The sad truth about Nigeria na de fact same e dey b like we dey always miss the past president
When new one don come.
Inflation constant foe naija
So na normal thing for price of goods to go up
Save in Bitcoin rather than in Naira.

Exactly, I no really sure say na the first time wey bitcoin dey do well when the world dey in crisis sha because I believe say other crisis self don happen wey no be war like this like economic issues for the world wey affect other asset but no affect bitcoin
 
And na true say for Nigeria we dey always miss the past president when new presidency emerge and that thing dey very annoying, instead of solutions we dey always get more problems. but anyhow e be the advise for the next 4 years be say buy bitcoin now and the next four years wey we go get another tenure of bad leadership you no go regret or feel am too much because your bitcoin go down give you enough return for the next bull run.

This always missing the past president reminds me of an incident that happened way back,  we were having a discussion relating to the leadership in the country and someone said; "let it not be that we will start missing the past president when this new one is appointed oo" then we all rejected it hoping it will get better, but unfortunately it got even worse, here we are. Our political system is corrupt, nobody cares about you, it is left for individuals to take responsibility for themselves and work hard.

And aside Bitcoin those who can get other foreign currencies should work on that too, the one's who can store their value in Bitcoin can also work with that, with all that's happening now, it is very necessary for a person to have some of his assets in foreign currencies, and get also get Job that requires payment in foreign currencies, because we are in a country that's getting worse by the day and we need to survive. In all Bitcoin still remains the best so far.

[Dareo]

Bitcoin will always be a rescue at point of need because it does not respect the policy of an administration or government rule, this is where we always call it a decentralized digital currency, because it was not been overseen by any government regulation, so this is more of how we can take advantage of Bitcoin now and tomorrow or even in the future, because it's relevance will always remain as the value appreciate and we can't afford missing out opportunities as time goes on without investing, irrespective of the government regime in power does not affect or determine our investment with Bitcoin.

Yes this aspect of having your own control in your own hands really sets Bitcoin apart. However I would say that Bitcoin certainly offers freedom but calling it a savior in all situations is a bit of a stretch, because the price is very volatile and many people end up losing money if they don't know the right time to enter, Another thing is that the government cannot have complete influence but regulations, exchange rules, taxes these things affect our use a lot, so I think Bitcoin is definitely a strong option but it is better to use it smartly rather than considering it as the only solution.

[Jegileman]

From what we can see happening in our government today, it seems that there is no hope for changes or economic reversion instead we will probably have more financial crisis in Nigeria for the next four years or plus hence bitcoin being in the bear season now have given another opportunity to those of us who are exposed to bitcoin related activities, hence it will be better that we make savings in bitcoin than in naira as the value of naira will probably drop or economic hardship could affect the value of money here but if we consider bitcoin and have it as store of value as the economy gets harder your bitcoin willm become higher in value too, matching your responsibility and your financial on the same level, that is an edge against Nigeria inflation in the coming years, what do you guys think?

I don’t want to be a pessimist or for once have a negative sensation that the current economy condition of the country won’t get any better and we will see a more worst state in the country going forward. Bitcoin has indeed provided another opportunity for us to invest into it as the price has gone down now which signifies a time to purchase more and add to your holdings. Bitcoin investment will always be a safe haven for most of us, so it is better to stay glued to it and make the best out of it. It is never too late, not because we’re expecting a tougher situation ahead but because we want to be as more financially stable as ever before even in any condition we find ourselves in with the government.

[Felicity_Tide]

what do you guys think?

Sounds very true, but preparing for days like that is definitely going to cost a lot judging by how close it is, and also, only those who earn something decent for themselves, can actually wrap up with a decent investment over a long period. So many don't even have Jobs. They literally survive for a living. Bitcoin would have been of a good help judging by how messed up the naira has become, but even most of the average Citizens can't even make enough naira for themselves despite how devalued it has become. Just imagine working your ass off for something that keeps losing value.

[SatoPrincess]

It’s true that bitcoin can serve as a hedge against devaluation of the naira, but it can’t save Nigerians from the consequences of bad leadership. One important thing to note is that you need money to buy bitcoin, if the country isn’t system isn’t working right and businesses are being stifled, how do you earn enough to pay your bills and also invest/save in bitcoin.

[Makus]

Nigeria is a dead country, when people say this they are not being negative because that's the reality of things. The crypto space has changed so many lives in Nigeria, people don't have to wait for a government that doesn't care about them to give them a job, Bitcoin has been able to make a lot of people financially stable but yet there are lots of people that are still doubting if Bitcoin is worth investing in  like you said, Bitcoin will save you from the next regime if only you take advantage of it and start investing in it today