Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATM Machine in Nigeria.
by
Xising
on 16/12/2018, 20:15:15 UTC
Bitcoin is a digital currency that is decentralized with no regulatory control. Over the years a number of Bitcoin ATM boot have sprang up in some developed and emerging economies. Since bitcoin is a digital currency I don't understand the rationale behind the creation of bitcoin ATM with so many crypto exchanges around the globe.
Now which organisation is responsible for the setup of this ATM machine? What is the benefits of having a bitcoin ATM in Nigeria?


Well, that's a good thing if that's the case. However, we should also consider that Nigeria, in reality, is not one of the richest nor technologically inclined countries around the world. No offense to them, I am just stating that because if a person would see that a not so advanced country would invite changes and improvements related to the cryptocurrency market, I don't think people would give it much attention. Imagine if the same action was done by the US, I think the whole world would go nuts. However, on a positive note, it's a good step towards better cryptocurrency recognition.