Quote from: bitmover on March 23, 2023, 02:48:06 PM

Quote from: Y3shot on March 23, 2023, 02:35:45 PM

In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.

With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.

I understand what you are saying, and I somehow feel your pain.

In developing countries bitcoin is much more needed than in developed countries. I am from Brazil and I can say that bitcoin made things way easier here , specially for those who want to send their money abroad (in investment or just traveling)

In Nigeria bitcoin is probably way more important

Yes, bitcon is really needed for countries whose economy is difficult, however, I personally live in a developing country which is quite difficult, especially if there are many economic problems that hit and the currency continues to weaken due to inflation, after that access is quite difficult if you want to make transfers or transactions with foreign parties and have complicated bureaucracy and take quite a long time for my money to reach the recipient.
Since the existence of bitcoin I can easily make transactions with my friends abroad and what's great is that I don't have to pay huge transfer fees.
I think the OP is a nigerian lucky to know bitcoin.