Post
Topic
Board Bitcoin Discussion
Re: What's the view of an average citizen About crypto currencies
by
Davidvictorson
on 16/01/2024, 08:56:35 UTC
What's the view of an average citizen About crypto currencies
 

There are varying views about bitcoin. It is from good, bad to ugly. I will explain how different people see bitcoin to the best of my understanding based on my experience.

The average Government offices and officers: I am from Nigeria in West-Africa. There are diverse views in different government offices but the general sentiments towards bitcoin within the government is that it is used to perpetrate criminal activities example - fraud. The security agencies have caught many youths that have used bitcoin and crypto in committing crime. Secondly, generally, the government lack good knowledge about bitcoin or so I think and instead of

The average Business Start-up: Many business start-ups have built their tech start-ups around bitcoin. These are the folks who understand what bitcoin is all about and are using it. And many of them have started to use it one of the exchanges is Roqqu. Lately, one of those businesses was hacked and thousands of crypto currencies were stolen. Despite this, their indirect support of bitcoin is increasing.

The average Religious leader - Although most religious leaders haven't openly said anything about bitcoin, there is an indifferent view about bitcoin. For example, Zugacoin was founded by a religious leader. There are other religious leaders that have invested in bitcoin, Ethereum and other cryptocurrencies.

The Average Young Individual: As a young person, our sentiments are very positive towards bitcoin. This is why in crypto ranking Nigerians are top ten in adopting bitcoin and other cryptocurrency. It is economic freedom, from poverty and it possibilities in creating generational wealth.