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Author Topic: Since we discovered bitcoin, E don changed di way we see Bank note in Nigeria  (Read 226 times)
Wiwo
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September 02, 2026, 10:42:44 PM
 #21

Recently I have noticed that crypto has changed the way so many Nigerians look at money mostly the people around me and have been curious about it, as at before, most of us been dey very comfortable keeping our savings in naira, but with inflation and the way exchange rates change daily most Nigerians now dey find way for to protect their money and some people prefer Bitcoin, while others keep stablecoins like USDT or USDC because they want make e be something wey dey close to the dollar.

Though na gradual process but most of us, wey dey here prefer keeping our money in bitcoin or other Cryptocurrencies in large quantities than banks, and we only keep small for emergency use only. Like dis, I can't really tell when last I visited a bank; it is from my wallet to Fin-tech

And I come Dey ask myself for those of us wey dey Nija, sha crypto don really change the way you save, spend or think about money, mostly our own currency? Or na just say you prefer to keep most of your money in fiat?
Make we no lie for ourselves, saving in bitcoin or other cryptocurrency is appealing for Nigerians simply because of the expectation of making profits from their savings.

Most Nigerians see bitcoin and cryptocurrency as a means to make money and not because of country inflation or anything like you speculate.

Those who don't know about bitcoin ot can not manage bitcoin risks still save their money in the bank; the trend has not changed anything.

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Homemade-IQ
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September 02, 2026, 10:54:44 PM
 #22

Make we no lie for ourselves, saving in bitcoin or other cryptocurrency is appealing for Nigerians simply because of the expectation of making profits from their savings.

Most Nigerians see bitcoin and cryptocurrency as a means to make money and not because of country inflation or anything like you speculate.

Those who don't know about bitcoin ot can not manage bitcoin risks still save their money in the bank; the trend has not changed anything.
Wetin you dey talk here no be lie, almost everyone for Nigerians think of profit first before anything else when them invest in bitcoin, so if we dey talk about benefit like beating inflation, that one good, but no be him be the main reason most of us dey invest or get involve with Bitcoin, na profit be the main thing.

Keeping your money in the bank no be bad thing oo, but inflation go do you strong thing by reducing the value of ur money, but with Bitcoin, na the opposite because na asset wey dey appreciate in value overtime.
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September 02, 2026, 11:17:41 PM
 #23

And i come Dey ask myself for those of us wey dey Nija, sha crypto don really change the way you save, spend or think about money mostly our own currency? Or na just say you  prefer to keep most of your money in fiat?

Anybody wey say crypto never change the way they see money, dey lie. (I say crypto to generalized as some people here dey for altcoins self and not Bitcoin) But all sha follow as this industry done really do something special for person life.

Me self I no remember the last time I go bank as e no only change my perspective about money but the way I handle money too in whole. My bank apps for Naira self no be normal banks again as everything I want to do about money need dey fast or I no go interest me to do.

Talk about the investments aspect, na Bitcoin dey person mind every time oh, e no matter if e they favour me or not, I they game because name  know how e dey be when the market begin they show love.

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Today at 01:02:25 AM
 #24

Though na gradual process but most of us, wey dey here prefer keeping our money in bitcoin or other Cryptocurrencies in large quantities than banks and we only keep small for emergency use only. Like dis I can't really tell when last I visited bank, it is from my wallet to Fin-tech

And i come Dey ask myself for those of us wey dey Nija, sha crypto don really change the way you save, spend or think about money mostly our own currency? Or na just say you  prefer to keep most of your money in fiat?

Most of my money for spending dey in fiat and I no even know when last I enter bank because that place sef dey always be time wasting to me. Na fin-tech way be the way forward. Even when you get issues with them, na just only complain or out call through their customer care and they’ll attend to you sharply unlike the commercial banks wey dey before.

Fin-tech banks come still be the way forward for us wey dey do p2p, na them no dey waste time to receive money ASAP. If I get my ways, I go wan even delete my data for commercials banks but nothing spoil as far as my money no hang there wey I no fit comot. Crypto wey come for us really change how we dey view things and na why we dey mostly take caution make our exchange money from crypto no enter commercial banks directly.

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Today at 07:15:55 AM
 #25

Since, I start to dey for the cryptospace, I like to keep coins than fiat. My savings dey for bitcoin and I no dey touch that one at all. My weekly spending Na to change coins to fiat before I go spend. I no get time for keeping too much fiat, Na only the one I won spend immediately, dey dey my hand. My mentality for fiat don change.

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