crypto made Nigeria better or worse?

[Plutomanian]

Cryptocurrency is very important, this is the time to see above the vulnerability it brings to the world because it serves major terms in balancing the equation of both profits and losses. Crypto spans from 1980s till date although it's been captured to be a little brand new, all thanks to the anonymous founder, Satoshi Nakamoto who absolutely put in the work with his team to ensure Bitcoin came into existence and this project alone have become very versatile and spread round the globe, it's a solid project that will be here after we'd passed away and years to come.

Since crypto was introduced to Nigeria, everyone have been planning to make good use it because it's definitely an opportunity, it's either up for grabs or not. I know Nigerians, they're smart people and always know how to utilized an information when they do come acrossed one and crypto is absolutely another dimension for them to diversify and upgrade their levels, common I've seen investors who made it to the top with crypto, it's not as if they're very smart, but they make decisive information that changed the whole game. I would say everything have an advantage and disadvantage but we should be looking at the greater good here, how crypto have temporarily eliminate the fiat problematic policy here, we can sit at the comfort of our homes and trades huge numbers without going to bank to deposit money, it sounds perfect if you ask me.

Cryptocurrency have played pivotal roles in which it have protected us from our own fiat currency, the naira devaluation in the stock market, how we're able to circumventing restrictive banking limits. There are more advantages that surpass the disadvantages, so you tell me, what do you think, do you think crypto made Nigeria better or worse?

[Sammysmart001]

Personally based on my own experience so far. I belive Cryptocurrency has really provides allot of opportunities for us here in Nigerian, so I won’t just say yes it  has made Nigerian better or worse. But rather the outcome really depends on how people choose to use it.

This because many Nigerian uses cryptocurrency to earn income , savings money, receiving cross border payment and also getting paid for remote jobs that are available this days. At the  same time many people loss their money through investment, many it because they don’t fully understand the risk involved and less knowledge about what the investment it all about. And to others they have fall victim to scams.

So I won’t come out and  say cryptocurrency has made Nigeria worse or better, rather would say it has given Nigerians another financial tool, being it of a beneficiary one or harmful it  depend on how it being use and how well you understand what you are using it for.

[Berry2d]

In Nigeria today the rate of unemployment has gone above expectation living most qualified personnel to survive by the grace of god not because they don’t want to work but because there is no job opportunities available for them but since the existence of bitcoin many have gained stability financially regardless of unavailability of job opportunities. On that i can gladly and openly say bitcoin is like a saviour to the innocent citizens of Nigeria today,  excluding the help of bitcoin in Nigeria today I don't think it would have been easy for anyone to survive in this same country Nigeria as many are benefiting from the dividends of bitcoin either directly or indirectly.

[AmaGold70]

Cryptocurrency currency adoption, and usage is rapidly increasing in Nigeria more especially bitcoin. As Nigerians, we are all evidents of the economic challenges we are all facing, ranging from inflation, and naira depreciation. But cryptocurrency like bitcoin has come to rescue Nigerians from being hindered by these economic challenges. Nigerians who recognize the opportunities that bitcoin has brought to us is already greatful to the existence of bitcoin. The value of naira can now be sustained while still building wealth. Investing in cryptocurrency like bitcoin, and with naira currency can make Nigerians investors rich, and grant them financial freedom on the long run.

[Gozie51]

Bitcoin you will say because large number of people who invested in altcoins have experienced loses. Altcoins look like MMM ponzi scheme that doesn't give you any benefit but pain. As for bitcoin, it is more promising to Nigerians who have taken the opportunity to invest in it. There is no jobs in Nigeria but the youth have taken bitcoin as one of their hussle for survival by holding and investing in it. But again some people have also been scammed using bitcoin money doubling strategy and trading where they are told that they are going to get better profit if they use third party trading.

[osasshem]

Crypto has not really done anything good or bad to Nigeria as a country, instead, it has helped transformed and changed lives of Nigerians from the system of fiat and governance control. Crypto, Bitcoin in particular brought a total change and a difference in view of how the financial industry works, and what it has been hiding from the populace for years. The decentralized nature of Bitcoin made the government to feel the presence of a real threat to their method of financial manipulation, whereby people can stay off the fiat centralized system and this means no more control over the people, because they are free.

Crypto changed the lives of Nigerians, leaving Nigeria as a country where it is.

[Perfectbaby]

I do not need to read through what you had already put down there but I have to follow up your title to understand how thing is working over here, of course many Nigerians who has found way into bitcoin has really changed their lives through bitcoin and it has never caused any harm to us at all. Although, many people of Nigeria strongly believe that Bitcoin investment would certain ended up as MMM did, without them knowing that bitcoin is not like MMM and it has been something that has established for nearly 2 decades now we should be given attention to know how it work perfectly.

[B-BossMan]

Po, I go talk this thing base on my own personal thoughts wey they my mind, crypto or cryptocurrency don too try for Nigeria and the Nigerians than harming the country, crypto don make our Nigerian guy they involve financially, where plenty of Nigerian can even participate in the global economy, na why they no dey depend much entirely on our traditional banking any more. Cryptocurrency done pave ways for Nigerian youths to earn income in a very smooth way.
Also. Cryptocurrency don make our normal transaction more faster compare to our traditional banking, very cheaper and free accessible.