Quote from: Cityhunter34 on October 10, 2023, 05:27:37 PM

For me oh, I think say Bitcoin na blessing to us, because no single entity get control over Bitcoin.
Making it more resistance to censorship and manipulation.
E dey empower individual to get direct control over their finances without relying on intermediaries.

Censorship yes, Manipulation no. Bitcoin market is one of the most manipulated market and that can be a good thing and also a bad thing. The price of Bitcoin is influence by news which means it is manipulated by news and this one mean say bad news go make the price of Bitcoin to fall and goodnews go carry the price go up and that's why during bear market we always get more of bad news and the price keeps dumping while for bull market na mostly goodnews dey full everywhere. News is been used to manipulation the price of Bitcoin but the manipulation no dey last because at the end of the day the community power always win and no matter how they try to keep the price of Bitcoin down with all their negative news like exchange hacking, protocols and projects getting hacked, government crackdown on cryptocurency services las las the price of Bitcoin go still recover. Bitcoin is a blessing because it teaches about financial literacy, been incharge of your finance and so on.

Quote from: Kelward on October 12, 2023, 04:15:40 PM

No be lie, di decentralization of bitcoin, na real blessing e be for Nigeria, and any oda country, because e no get restrictions, nothing like say any country or entity de control or manipulate am.

Why we sabi lie to ourselves, yes Decentralized of Bitcoin is the greatest gift it gave to humanity but in Nigeria it isn't the decentralization that's our real blessing but the price increase (profit). Make I ask you, how many Nigerians dey use Bitcoin in a decentralized way wey you know outside the forum. Even most people wey dey here dey use Bitcoin with centralized services. Dem all dey trade Bitcoin for remitano, Binance or other centralized platforms. Dem dey use non custodial wallets as na blockchain wallet dey trend before but now trust wallet. Ask anybody wey dey into cryptocurency and the first thing you go see na Binance or trust wallet for their phone. The blessings wey Bitcoin give Nigerians na the price increase (profits) wey e dey give us, other things come secondary. Most Nigerian self dun run KYC finish for exchange just to get how to trade funds to their bank account. Without the profits dem many of us for dun commot the industry. The decentralization of the industry still need more preaching and that's what we're meant to do in our different surroundings.