Post
Topic
Board Nigeria (Naija)
Re: Is Bitcoin the way out now ?
by
Igebotz
on 02/02/2023, 09:30:04 UTC
1. Will you use and accept Bitcoin for daily transactions
Yes but only for a large transaction amount since there is no LN everywhere.

2. How often is Bitcoin used in your area
Barely and personally I've not been using my Bitcoin for some time now, I'm stacking.

Quote
3. How have you been copping with the recent happenings in the country?
I noticed that the N5, N10, and N20 are back on the road, which is a welcome development if we actually want to consider the positive aspects of the cashless policy. It will take time to resolve the current crisis caused by the ignorance of some Nigerians and the mismanagement of the banks. The simplest solution would be for all large and small vendors to have a POS machine; we don't really need cash on hand. It's not difficult to get your goods, pay with your card, and leave.

The new cashless policy will benefit Nigerians for a long term