Quote from: Minor Miner on September 17, 2022, 09:46:28 PM

Quote from: Bobrox on September 17, 2022, 03:43:44 PM

Quote from: Detritus on September 14, 2022, 12:42:00 PM

I just Opened the business on 1st/September/2022 and on the 2nd/Sep/2022 I was surprised to receive a call from my employee that a customer wants to take #18,000 (Nigeria Naira) and pay in Bitcoin, I did the calculation and added $3 fee for my business charge and sent the details across and the customer sent 0.00155 BTC. I asked my employee to give cash to the customer when she confirms the transaction is processing, so the customer initiated the transaction and receive the cash he needed.

Good decision when opening new business accepted bitcoin as payment currency transaction, I think your country Nigeria have been popular with bitcoin around I saw many member from Nigerian in Bitcointalk forum. I think not really expensive when payment charge fees about $3 but I hope you can use comparison with charge fees, if transaction above $1,000 maybe you can add little fees transaction or depending with huge amount transaction for fees payment.

His actions are a good thing for bitcoin but unfortunately bitcoin is banned in his country, Nigeria, which has enacted a bitcoin ban since 2021. But interestingly, as far as I know, bitcoin trading in Nigeria has increased 16% in a year through P2P trading despite the previous ban by the government.

With accepting bitcoin so openly, I don't know if it will get him and his business in trouble with the authorities. Hope he is aware of what he is doing, otherwise he will have a bad experience.

The transaction fee of 3 $ will not be high if we trade with a large amount but there will be problems when they convert to a smaller amount, not many people are willing to accept.

I will always support a person who ventures to accept Bitcoin and more in a prohibited country, I have read about the culture of Nigeria and it has many good things and its people are very friendly and cheerful, surely a government that prohibited them should not stay with that, I like that they can do and be irreverent, bitcoin was made for everyone, and in a business everything is valid, besides Bitcoin represents money, another thing is that they want to limit the lives of some people in particular better, always in this economy there are freedoms that a traditional system does not offer, Nigeria and its people know that a way out is bitcoin, very good for those businesses that accept btc.