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.
In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.
I would really like to know what percentage of Nigerians are engaged with bitcoin, so we can conclude that bitcoin is within reach of most people there. If my assumption is not wrong, the involvement of people in bitcoin is only two categories, investment or shopping using bitcoin, my question is whether investing and buying and selling using bitcoin can involve everyone in Nigeria?
Price will be a problem in developing countries to take a bitcoin investment approach, although certain DCA and technical patterns can be done, but as you mentioned generally and I think not everyone can touch bitcoin. But in the case of economic downturns and inflation I agree bitcoin can play a much bigger role compared to fiat currency, because of the many evidences we have seen how bitcoin is able to survive in those conditions.