Post
Topic
Board Bitcoin Discussion
Re: The confidentiality of having Bitcoin
by
kryptocanon
on 19/03/2023, 20:26:43 UTC
When a government prevents you from withdrawing money and wants to get rid of the circulation of public cash, it indicates that something is wrong. The government is in financial trouble, and the "cashless" campaign is only a ruse to preserve its sterling reputation. Before making a country cashless, there are numerous things to put into practice. But Bitcoin is also ideal for us to conduct cashless transactions. Of course, because Bitcoin is decentralized, no one can stop us from using or withdrawing it. There is a lesson on the value of bitcoin for us.

It's gonna take years for a country like Nigeria to accept Bitcoin, despite her citizen's enormous contributions and topping the chart in Africa, the government of the known still isn't welcoming the idea as it's been dominated by the youth and they are afraid of what the youth capacity if they give them free hands.

And talking about the money scarcity, it's only for their selfish interest. Most importantly, they made the naira so scarce because of the just concluded election and that's it.